8115 Market St, Unit 1A Wilmington, NC 28411-8427
Property profile & analytics
8115 Market St, Unit 1A Wilmington, NC 28411-8427
- Medical Office Space
- 5,368 SF
Property ID
US53-2370776
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.
Location Intelligence
Current Use by Public Records
- Connect(x) HealthWare / (Bike/Boat/Book/etc) Store / Corporate Office
- Talley Brian C DDS / Dental Office
- Provis Media / Marketing & Advertising
- Medac Urgent Care (Porters Neck) / Medical Clinic
- Thrive Family Dental / Dental Office
Property Details for 8115 Market St
- Year built
- 2005
- Property size
- 5,368 SF
- Zone code
- B-2,BUSINESS DISTRICT
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- R03600-003-124-001
- APU
- R03600003124001
Description
This premier three-story, 60,000-square-foot Class A office condominium building in Wilmington, NC's desirable Porters Neck submarket offers exceptional visibility and accessibility. Located at 8115 Market Street, it boasts direct access and proximity to Bayshore Commons Shopping Center, ensuring high traffic flow. The building, constructed in 2006, features a modern design by architect Michael Kersting, including three stairwells and two elevators servicing all three floors. Ample parking is provided with approximately 238 spaces. The property is zoned B-2 within New Hanover County and has an estimated annual TICAM of $3.75 per square foot. Currently, the building houses a strong tenant roster including Medac, EmergeOrtho, and Benjamin Friberg, DDS, PLLC. Flexible lease and purchase options are available, with a minimum divisible space of 3,449 square feet and a maximum contiguous space of 7,523 square feet. A total of 15,874 square feet is currently vacant. One specific unit, Space 2C-X, is available for purchase at $595,000. The property sits on a 3.9-acre lot.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,210,000
- ML approach
- $2,230,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,148,000
Market price range: $1.15M - $2.27M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,630,000 Current use
- RESTAURANT
- $2,160,000 Change: +33% Conversion: Difficult
- OFFICE BUILDING
- $1,745,000 Change: +7% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,530,000 Change: -6% Conversion: Difficult
- RETAIL STORES
- $1,465,000 Change: -10% Conversion: Difficult
- WAREHOUSE, STORAGE
- $1,325,000 Change: -19% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.7952
- Latitude
- 34.2973
- 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
$3,791
$0.00
$725,500
$725,500
-
$0.00
$725,500
$725,500
