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    Property profile & analytics

    5717 Carolina Bch Rd Wilmington, NC 28412-2611

    • Auto shops
    • 5,560 SF
    • 0.90 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Location Intelligence
    Property ID
    US53-2166036
    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.

    Current Use by Public Records

    • Salter Speed Shop / Motorcycle Shop
    • Pelican's Roost / Shopping Mall

    Property Details for 5717 Carolina Bch Rd

    Year built
    1982
    Construction
    STEEL FRAME
    Lot size
    0.90 lot acres
    Property size
    5,560 SF
    Zone code
    B-1,BUSINESS DISTRICT
    Property type
    Auto shops
    APN
    R07600-004-047-000
    APU
    R07600004047000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $345,000

    • CAP approach

      CAP return
      Estimation
      6%
      $450,000
      6.5%
      $420,000
      7%
      $410,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $420,000
      Geo Method
      $465,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $465,000
      Retail
      $485,000
      Mixed-Use
      $440,000
      Hospitality
      $390,000
      Educational
      $370,000
      Residential Income
      $410,000
      Energy
      $485,000
      Income-Based Land
      $490,000
      Food Service
      $450,000

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.8962
    Latitude
    34.1304
    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
    $3,939
    $451,000
    $236,900
    $687,900
    -
    $451,000
    $236,900
    $687,900

    Comparable in this City

    • Value Estimation
      $1,390,000
      4,371 SF

      6311 Carolina Bch Rd

      AUTO REPAIR, GARAGE • 4,371 SF
      6311 Carolina Bch Rd, Wilmington, NC 28412-2907
      View Details
    • Value Estimation by Request
      5,374 SF

      5940 Carolina Bch Rd

      AUTO REPAIR, GARAGE • 5,374 SF
      5940 Carolina Bch Rd, Wilmington, NC 28412-2703
      View Details
    • Value Estimation
      $490,000
      1,936 SF

      601 Shipyard Blvd

      AUTO REPAIR, GARAGE • 1,936 SF
      601 Shipyard Blvd, Wilmington, NC 28412-6431
      View Details
    • Value Estimation
      $260,000
      2,499 SF

      3616 Carolina Bch Rd

      AUTO REPAIR, GARAGE • 2,499 SF
      3616 Carolina Bch Rd, Wilmington, NC 28412-1903
      View Details
    • Value Estimation
      $485,000
      5,700 SF

      3533 Carolina Bch Rd

      AUTO REPAIR, GARAGE • 5,700 SF
      3533 Carolina Bch Rd, Wilmington, NC 28412-6301
      View Details
    • Value Estimation by Request
      1,950 SF

      4413 17th St

      AUTO REPAIR, GARAGE • 1,950 SF
      4413 17th St, Wilmington, NC 28412-6621
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      595,000 SF

      Riverlights Executive Office Space

      Wilmington, NC: Prime Mixed-Use Opportunity
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      Commercial Property Near Carolina Beach

      Commercial property with building and storage in a high-growth area.
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      Waterfront Lot in Shoreline Community

      Premier Wilmington waterfront community lot with unmatched views.
      7171 Carolina Beach Rd, Wilmington, NC 28412
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      Medical Office Building For Sale

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    Similar Nearby for Lease

    • Contact for pricing
      74,370 SF

      Wilmington Retail Center For Lease

      Prime Wilmington shopping center space available.
      5511 Carolina Beach Rd, Wilmington, NC 28412
      View Details
    • $16,500 /Mo
      10,000 SF

      Wilmington Commercial Space For Lease

      Two-story building in the heart of Wilmington with high traffic.
      2451 College Rd, Wilmington, NC 28412
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space in Myrtle Grove

      Community shopping center space for lease in Wilmington, NC.
      5605-5609 Carolina Beach Rd, Wilmington, NC 28412
      View Details
    • $20 SF/Yr
      5,000 SF

      Retail Suites Available For Lease

      Retail suites available for lease in Wilmington, North Carolina.
      5226 College Rd S, Wilmington, NC 28412
      View Details
    • $1,900 /Mo
      1,200 SF

      Retail Space in Busy Center

      High-visibility retail space available in a busy shopping center.
      800 Shipyard Blvd, Wilmington, NC 28412
      View Details
    • Contact for pricing
      3,211 SF

      Retail Space in Myrtle Grove

      Community shopping center with retail space for lease.
      5619 Carolina Beach Rd, Wilmington, NC 28412
      View Details
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    Wilmington, NC 28412-2611
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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