Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    7979 Market St Wilmington, NC 28411-9383

    • Sports & entertainment properties
    • 14,816 SF
    • 3.25 lot acres
    OFF-MARKET
    Value Estimation
    $525,000
    Location Intelligence
    Property ID
    US53-0075724
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • David A. Johnson, PT / Physical Therapist
    • Sea Coast Physical Therapy: Phelps Mary Jane / Physical Therapist
    • Renew Physiotherapy Wilmington - Porters Neck / Physical Therapist
    • TruFit Gym-Wilmington Porters Neck / Gym / Fitness Center

    Property Details for 7979 Market St

    Year built
    2000
    Construction
    STEEL FRAME
    Lot size
    3.25 lot acres
    Property size
    14,816 SF
    Zone code
    O&I,OFFICE & INSTITUTION
    Property type
    Sports & entertainment properties
    APN
    R03611-009-001-000
    APU
    R03611009001000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $595,000

    • CAP approach

      CAP return
      Estimation
      6%
      $470,000
      6.5%
      $395,000
      7%
      $385,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $430,000
      Geo Method
      $350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $455,000
      Retail
      $430,000
      Mixed-Use
      $410,000
      Hospitality
      $345,000
      Educational
      $385,000
      Residential Income
      $370,000
      Energy
      $460,000
      Income-Based Land
      $455,000
      Food Service
      $420,000

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.8005
    Latitude
    34.2921
    CBSA code
    48900
    CBSA name
    WILMINGTON, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,458
    $640,200
    $2,122,800
    $2,763,000
    -
    $640,200
    $2,122,800
    $2,763,000

    Comparable in this City

    • Value Estimation
      $1,185,000
      5,300 SF

      6789 Gordon Rd, Unit 2

      RECREATIONAL, ENTERTAINMENT • 5,300 SF
      6789 Gordon Rd, Wilmington, NC 28411-8465
      View Details
    • Value Estimation by Request
      456 SF

      8409 Vintage Clb Cir

      RECREATIONAL, ENTERTAINMENT • 456 SF
      8409 Vintage Clb Cir, Wilmington, NC 28411-7618
      View Details
    • Value Estimation by Request
      12.53 Acres

      8415 Vintage Clb Cir

      RECREATIONAL, ENTERTAINMENT • 12.53 Acres
      8415 Vintage Clb Cir, Wilmington, NC 28411-7618
      View Details
    • Value Estimation by Request
      160.81 Acres

      Wilmington, NC 28411

      RECREATIONAL, ENTERTAINMENT • 160.81 Acres
      Wilmington, NC 28411
      View Details
    • Value Estimation
      $535,000
      16,800 SF

      6644 Gordon Rd

      RECREATIONAL, ENTERTAINMENT • 16,800 SF
      6644 Gordon Rd, Wilmington, NC 28411-8462
      View Details
    • Value Estimation by Request
      2,895 SF

      7415 Market St

      RECREATIONAL, ENTERTAINMENT • 2,895 SF
      7415 Market St, Wilmington, NC 28411-9454
      View Details

    Similar Nearby for Sale

    • $630,290

      Porters Neck Wooded Parcel

      5+ acre wooded parcel in developing Porters Neck area.
      308 Plantation Rd, Wilmington, NC 28411
      View Details
    • $975,000

      Market Street Commercial Redevelopment Opportunity

      High-visibility commercial property on Market Street, Wilmington, NC.
      7015 Market St, Wilmington, NC 28411
      View Details
    • $1,800,000
      10.60 Acres

      Wilmington Land Opportunity

      Two parcels of undeveloped land totaling over 10 acres.
      231 Plantation Rd, Wilmington, NC 28411
      View Details
    • $677,745
      5.57 Acres

      Wilmington Land Ready For Development

      Unimproved land prime for development in Wilmington, North Carolina.
      306 Plantation Rd, Wilmington, NC 28411
      View Details
    • $99,900
      Pending

      Wilmington Land in Marsh Oaks

      Large homesite in desirable Wilmington neighborhood with many amenities.
      913 Bayshore Dr, Wilmington, NC 28411
      View Details
    • $1,900,000
      17.84 Acres

      Wilmington Land Ready For Development

      Unimproved land in a developing area, prime for rezoning.
      7500-7516 Plantation Rd, Wilmington, NC 28411
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Wilmington Retail Center Opportunity

      Prime Ogden location, multiple spaces available.
      0 Us-17 & Lendire Rd, Wilmington, NC 28411
      View Details
    • $30 SF/Yr
      27,200 SF

      Wilmington Creative Office Space

      Prime Wilmington location, multiple spaces available.
      7241 Market St, Wilmington, NC 28411
      View Details
    • $28 SF/Yr
      1,650 SF

      Retail Space in Ogden Center

      Retail space available for lease in established shopping center.
      7316 Market St, Wilmington, NC 28411
      View Details
    • $1,595 /Mo
      1,250 SF

      Wilmington Office Space For Lease

      Versatile commercial space ideal for office, retail, or service businesses.
      7741 Market St, Wilmington, NC 28411
      View Details
    • $950 /Mo
      150 SF

      Executive Office Space For Rent

      Class A office space in Ogden Porters Neck area.
      7627 Market St, Wilmington, NC 28411
      View Details
    • $40 SF/Yr
      6,600 SF

      New Retail/Office Build-to-Suit Opportunity

      New construction retail/office space available for lease in Wilmington.
      7491 Market St, Wilmington, NC 28411
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7979 Market St
    Wilmington, NC 28411-9383
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.