New search
Property profile & analytics
FOR LEASE
Community centers
5920 Carolina Beach Rd, Wilmington, NC 28412
Entity Owned
10-yr Hold
Free & Clear
Property ID
US53-1144796
For Lease
1 / 12
$7,700,000
5920 Carolina Beach Rd, Wilmington, NC 28412
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2007
Total area
59,908 SF
Lot
10.12 ac (440,827 SF)
Zoning code
B-1,BUSINESS DISTRICT
APN
R07905-004-008-000
UPID
US53-1144796
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
First National Bank ATM Atm
-
Great Clips Hair Salon
-
Coinstar Kiosk - Bitcoin ATM Atm Kiosk
-
higi Physician
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.75M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.70M
Owner & transaction history
Echo Beau Rivage LLC · 10 yrs held
Echo Beau Rivage LLC
since 2015
5 recorded transactions
Zoning & alternative use
B-1,BUSINESS DISTRICT · Wilmington, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wilmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,560,000
6.5%
$9,745,000
7%
$9,050,000
Blend value · Realmo final
$7.70M
Range $6.93M – $8.47M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$129 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Assessed value
$10,608,000
Assessed 2023
Previous assessed
$10,608,000
+0.0% YoY
Assessed land
$3,767,500
Assessed improvement
$6,840,500
Land market value
$3,767,500
Improvement market value
$6,840,500
Total market value
$10,608,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
2007
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Units
1
Total area
59,908 SF
Lot
10.12 ac (440,827 SF)
Zoning code
B-1,BUSINESS DISTRICT
APN
R07905-004-008-000
UPID
US53-1144796
Jurisdiction
NEW HANOVER
Zoning & alternative use
B-1,BUSINESS DISTRICT · Wilmington, NC
Zoning B-1,BUSINESS DISTRICT · permitted uses
B-1,BUSINESS DISTRICT · Wilmington, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wilmington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Units
1
Lot
10.12 ac
Current owner
From public records · entity-resolved
Echo Beau Rivage LLC
Entity
Free & Clear · 10 yrs held
Mailing address
560 EPSILON DR, PITTSBURGH, PA 15238-2815
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2016
—
Cafe Corp
—
Deed
related
$4,260,000 · Wells Fargo Bk
Jul 21, 2015
—
Echo Beau Rivage LLC
Brm Associates 1 LLC
Grant Deed
related
—
Mar 5, 2010
—
Brm Associates 2 LLC
Brm Associates 1 LLC
Quit Claim Deed
related
—
Apr 5, 2007
—
Brm Associates 1 LLC
Beau Rivage Marketplace
Grant Deed
related
—
Jan 16, 2007
—
Brm Associates 1 LLC
Townes At Marketplace LLC
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
