Property profile

5031 Market St Wilmington, NC 28405

OFF-MARKET
Turn key restaurants
Property ID
US53-2029883
2,473 SF 0.64 ac lot Built 1977
Entity Owned 3-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1977
Construction WOOD FRAME
Total area 2,473 SF
Lot 0.64 ac (27,878 SF)
Zoning code RB,REGIONAL BUSINESS
APN R04915-001-012-001
UPID US53-2029883

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

5031 Market St Wilmington, NC 28405-3429
Wilmington metro Census 11605 WILMINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$790k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$770k

Owner & transaction history

since 2023
Last sale
$650,000
6 recorded transactions
2023
Price N/A
2021
$650,000
2016
$435,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RB,REGIONAL BUSINESS · Wilmington, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 5031 Market 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