Technical
Financial
Distress signals
Property profile

5040 Market St Wilmington, NC 28405

OFF-MARKET
Hotels
Property ID
US53-0865142
39,192 SF 2.98 ac lot Built 1974
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1974
Construction CONCRETE
Total area 39,192 SF
Lot 2.98 ac (129,809 SF)
Zoning code RB,REGIONAL BUSINESS
APN R04915-002-005-000
UPID US53-0865142

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
  • Apartment Complex

Location

5040 Market St Wilmington, NC 28405-3430
Wilmington metro Census 10501 WILMINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.17M
Blend (final) Blend
$3.13M

Owner & transaction history

since 2017
5 recorded transactions
2017
$4.0M
2017
Price N/A
2011
Price N/A
2011
$4.0M
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
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