Property profile

6309 Market St Wilmington, NC 28405

OFF-MARKET
Turn key restaurants
Property ID
US53-5537068
5,256 SF 1.16 ac lot Built 1996
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1996
Construction CONCRETE
Total area 5,256 SF
Lot 1.16 ac (50,530 SF)
Zoning code RB,REGIONAL BUSINESS
APN R05000-002-007-000
UPID US53-5537068

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub Restaurant
  • Restaurant

Location

6309 Market St Wilmington, NC 28405-3728
Wilmington metro Census 11606 WILMINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$615k
CAP Approach CAP
by Request
Comparable Approach Comparable
$427k
Blend (final) Blend
$750k

Owner & transaction history

since 2020
Last sale
$675,000
7 recorded transactions
2021
Price N/A
2020
$675,000
2020
Price N/A
2018
$600,000
2018
Price N/A
2008
$1.5M
2006
$1.3M

Zoning & alternative use

RB,REGIONAL BUSINESS · Wilmington, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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