Financial
Distress signals
Property profile

6932 Market St E Wilmington, NC 28411

FOR SALE
Community centers
Property ID
US53-1455964
64,637 SF 8.74 ac lot Built 1997
Last sale Nov 2021 · $575,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 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 property is an established nail salon space located at 6932 Market Street #E in Wilmington, North Carolina, at the intersection of Market Street and Military Cutoff Drive, featuring corner exposure with access to shared parking and nearby public transit. The building was constructed in 1997 and is zoned RB. The interior layout includes equipment and stations for nail services, including 8 pedicure spa chairs and 8 manicure workstations, along with a massage and facial room containing a…

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.

Mortgages

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?
$84k
Tax billed · 2023
Assessed value$9.92M
Assessed land$3.29M
Assessed improvement$6.63M
Effective rate0.85%

Value estimate

· Sep 2026
$10.38M
$9.34M – $11.42M
CAP approach$10.52M
Submarket $/SF estimate$14.38M
NOI build-up
Gross scheduled income$19k
Vacancy & credit loss−$2k
Operating expenses−$5k
NOI · 5.83% cap applied$12k

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?
5.83%
$12k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RB,REGIONAL BUSINESS
JurisdictionNEW HANOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm23.0
Realty agency15.2
Dental Office14.7

Location

6932 Market St E Wilmington, NC 28411
County assessor Recorded deeds · 4 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

18 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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