5505 Business Dr Wilmington, NC 28405
Property profile & analytics
5505 Business Dr, Wilmington, NC 28405
- Office buildings
- 5,500 SF
- 1.25 lot acres
Property ID
US53-2009850
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Home Care Management Corporation / Crisis Center / Medical Clinic
Property Details for 5505 Business Dr
- Year built
- 2007
- Lot size
- 1.25 lot acres
- Zone code
- B-2,BUSINESS DISTRICT
- Property type
- Office buildings
- APN
- R03416-003-037-000
- APU
- R03416003037000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 6, 2026 | $1,210,000 | Building Smiles LLC | Rankin A Whittington LLC | Warranty Deed | $950k · First Bank |
| May 1, 2006 | $185,000 | Rankin A Whittington LLC | Hsp 1 LLC | Grant Deed | — |
| Mar 27, 2006 | — | Murrayville Station Busn Pk | Hsp-1 LLC | Grant Deed · related | — |
| — | — | Rankin A Whittington LLC | — | Deed Of Trust · related | $320k · Parkway Bank & Trust Co |
| — | — | Rankin A Whittington LLC | — | Deed Of Trust · related | $289k · First Citizens Bk |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,240,000
- 6.5%
- $1,145,000
- 7%
- $1,065,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,107,000
- AI Estimate
- $1,174,000
Market price range: $958k - $1.75MMarket price range: $602k - $2.21M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,360,000 Current use
- MEDICAL BUILDING
- $1,670,000 Change: +22% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,570,000 Change: +15% Conversion: Difficult
- RETAIL STORES
- $1,500,000 Change: +10% Conversion: Moderate
- WAREHOUSE, STORAGE
- $1,355,000 Change: -0% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,280,000 Change: -6% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.872
- Latitude
- 34.2843
- CBSA code
- 48900
- CBSA name
- WILMINGTON, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$110,400
$690,100
$800,500
-
$110,400
$690,100
$800,500
