Property profile

7161 Market St Wilmington, NC 28411

OFF-MARKET
Retail space
Property ID
US53-5786215
6,860 SF 0.85 ac lot Built 2009
Entity Owned 15-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2009
Total area 6,860 SF
Lot 0.85 ac (37,026 SF)
Zoning code B-2,BUSINESS DISTRICT
APN R04400-002-044-000
UPID US53-5786215

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
  • Auto Parts Store
  • Auto Parts Store
  • Courier Service Postal Service

Location

7161 Market St Wilmington, NC 28411-9731
Wilmington metro Census 11612 WILMINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.04M
Comparable Approach Comparable
$1.07M
Blend (final) Blend
$840k

Owner & transaction history

since 2011
4 recorded transactions
2011
$1.9M
2009
Price N/A
2007
$825,000
1969
Price N/A

Zoning & alternative use

B-2,BUSINESS DISTRICT · 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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