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Financial
Distress signals
Property profile

604 Red Cross St Wilmington, NC 28401

OFF-MARKET
Strip malls
Property ID
US53-1892229
6,261 SF 0.18 ac lot Built 1950
Last sale Nov 2014 · $160,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$395k
Assessed land$53k
Assessed improvement$341k
Effective rate0.84%

Value estimate

· Oct 2026
$455k
$410k – $501k
AI approach$455k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$221/SF
Submarket average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$153 – $326

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: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.7
Garden Center9.3
HVAC Service9.1

Location

604 Red Cross St Wilmington, NC 28401-3557
County assessor Recorded deeds · 2 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1635 Wellington, Wilmington, NC 28401-7758 $26,580 Dec 2024 7,056 SF
2319 17th, Wilmington, NC 28401-7901 $945,000 Jun 2023 5,630 SF
2589 17th, Wilmington, NC 28401-7765 $780,000 May 2023 4,050 SF
2535 Castle Hayne, Wilmington, NC 28401-2697 $3,270,000 Dec 2019 5,760 SF
215 2nd Stb, Wilmington, NC 28401-3901 $530,000 May 2019 5,586 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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