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Property profile & analytics
FOR LEASE
Commercial real estate

7495 Market St Wilmington, NC 28411

1.17 ac lot
Entity Owned 3-yr Hold
Property ID
US53-4898408
Property summary
AI-generated overview

This 1.17-acre commercial land parcel, located at 7491 Market Street in Wilmington, North Carolina (zip code 28411), is offered at $1,800,000. The property, situated on the hard corner of Torchwood Boulevard and Market Street (Highway 17), is rectangular in shape and zoned R-15, currently permitting medical or general office uses. Access is via a right-in/right-out configuration from Market Street. A site plan for a financial institution with drive-through tellers is available. The land's price per acre is $1,538,461. The property's APN is R03618-012-032-000. Note that any uses beyond those currently permitted by the R-15 zoning will require a rezoning application. This high-visibility location presents a significant opportunity for development in a thriving area of New Hanover County. The property's coordinates are latitude 34.279887332398786 and longitude -77.81249069145137.

Property profile
Verified
Property type Commercial real estate
Lot 1.17 ac (50,965 SF)
APN R03618-012-032-000
UPID US53-4898408
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
  • James Clinic North Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Dallas Harris Land Company LLC · 3 yrs held
Dallas Harris Land Company LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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