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Property profile & analytics
OFF-MARKET
Estimated value
$1,760,000
Day care centers
6640 Gordon Rd, Wilmington, NC 28411-8462
Entity Owned
1-yr Hold
Free & Clear
Property ID
US53-1596751
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1998
Construction
WOOD FRAME
Total area
7,272 SF
Lot
1 ac (43,560 SF)
Zoning code
I-1,INDUSTRIAL DISTRICT
APN
R04316-002-002-000
UPID
US53-1596751
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
-
Childcare Network Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.76M
Owner & transaction history
Sound Side Holdings LLC · 1 yrs held
Sound Side Holdings LLC
since 2024
Last sale
$1.8M
5 recorded transactions
Zoning & alternative use
I-1,INDUSTRIAL DISTRICT · Wilmington, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.6M
+107.5%
Commercial (general)
$1.5M
+101.7%
Medical building
$1.1M
+48.9%
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
$1,760,000
ML approach
$1,760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,575,000
Change: +108% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,530,000
Change: +102% · Conversion: Difficult
MEDICAL BUILDING
$1,130,000
Change: +49% · Conversion: Difficult
Blend value · Realmo final
$1.76M
Range $1.58M – $1.94M · ±10% · vs last sale $1.76M (Aug 23 2024)
Last sale anchor
$1.76M
Aug 23 2024
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
$242 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,872
Tax year 2023
Assessed value
$1,049,800
Assessed 2023
Previous assessed
$1,049,800
+0.0% YoY
Effective rate
0.56%
On assessed value
Assessed land
$195,100
Assessed improvement
$854,700
Land market value
$195,100
Improvement market value
$854,700
Total market value
$1,049,800
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1998
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
8
Total area
7,272 SF
Lot
1 ac (43,560 SF)
Zoning code
I-1,INDUSTRIAL DISTRICT
APN
R04316-002-002-000
UPID
US53-1596751
Jurisdiction
NEW HANOVER
Zoning & alternative use
I-1,INDUSTRIAL DISTRICT · Wilmington, NC
Zoning I-1,INDUSTRIAL DISTRICT · permitted uses
I-1,INDUSTRIAL 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
8
Lot
1 ac
Current owner
From public records · entity-resolved
Sound Side Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
313 W PO BOX 1523RD LN, WRIGHTSVILLE BEACH, NC 28480-1523
Ownership since
2024
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
Aug 23, 2024
$1,759,500
Sound Side Holdings LLC
James Ethan Hall
Special Warranty Deed
—
Aug 23, 2024
—
James Ethan Hall
James Ethan Hall
Intrafamily Transfer
related
—
Apr 2, 2024
—
Trask Hall Haley
James Ethan Hall
Intrafamily Transfer
related
—
Jul 25, 2013
—
Hall,sylvia M Trust
Hall,james L
Quit Claim Deed
related
—
Aug 15, 2007
—
Sylvia M Hall
Hall,james L
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.
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