Property profile

5140 College S Rd Wilmington, NC 28412

OFF-MARKET
Turn key restaurants
Property ID
US53-2118791
3,291 SF 1.1 ac lot Built 2003
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2003
Construction WOOD FRAME
Total area 3,291 SF
Lot 1.1 ac (48,003 SF)
Zoning code B-2,BUSINESS DISTRICT
APN R07100-003-242-000
UPID US53-2118791

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 Take-out & Catering

Location

5140 College S Rd Wilmington, NC 28412-2206
Wilmington metro Census 12008 WILMINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2005
$10,000
1969
Price N/A

Zoning & alternative use

B-2,BUSINESS DISTRICT · 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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