Financial
Distress signals
Property profile

501 3rd St Wilmington, NC 28401

OFF-MARKET
Retail space
Property ID
US53-2068224
2,240 SF 0.16 ac lot Built 1923
Last sale Sep 2021 · $45,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$354k
Assessed land$238k
Assessed improvement$116k
Effective rate0.91%

Value estimate

· Sep 2026
$330k
$297k – $363k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$291/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$162 – $450
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CBD,CENTRAL BUS DIST
JurisdictionNEW HANOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center9.1
Carpet & Flooring Store8.8
Dry Cleaner8.8

Location

501 3rd St Wilmington, NC 28401-3401
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
603 Castle, Wilmington, NC 28401-5223 $80,000 Jan 2025 2,250 SF
306 Frnt, Wilmington, NC 28401-3909 $660,000 Oct 2024 1,904 SF
512 14th, Wilmington, NC 28401-5434 $335,000 Sep 2024 1,884 SF
1125 4th, Wilmington, NC 28401-3000 $670,000 Jun 2024 1,984 SF
2829 Us Hwy 421st N, Wilmington, NC 28401-2436 $1,600,000 Nov 2023 2,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 501 3rd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message