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Financial
Distress signals
Property profile

602 Red Cross St Wilmington, NC 28401

OFF-MARKET
Gas stations
Property ID
US53-1414241
1,200 SF 0.14 ac lot Built 1954
Last sale Jun 2019
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This prime commercial property, located at 602 Red Cross Street in Wilmington's historic north side, offers 1,200 square feet of versatile space in a single-tenant building. Built in 1954, this masonry structure sits on a 0.14-acre corner lot, providing exceptional visibility and accessibility on a high-traffic street. The property features two roll-up bay doors, perfect for loading and unloading, along with a 200 square foot reception/office area and two exterior-access bathrooms. Ample…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$935
Tax billed · 2023
Assessed value$111k
Assessed land$51k
Assessed improvement$60k
Effective rate0.85%

Value estimate

· Oct 2026
$255k
$230k – $281k
AI approach$345k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
HD-MU
JurisdictionNEW HANOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center9.3
HVAC Service9.1
Dry Cleaner9.1

Location

602 Red Cross St Wilmington, NC 28401-3557
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1411 Castle, Wilmington, NC 28401-5423 $340,000 Oct 2024 1,768 SF
1220 Castle, Wilmington, NC 28401-5415 $260,000 Dec 2022 2,800 SF
1621 Dawson, Wilmington, NC 28401-8033 $2,500 May 2022 1,792 SF
1610 Us Hwy 421st N, Wilmington, NC 28401-8346 $1,150,000 Jul 2021 4,809 SF
214 Southern, Wilmington, NC 28401-7028 $193,000 Nov 2018 3,454 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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