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    Property profile & analytics
    OFF-MARKET Estimated value $1,300,000
    Car washes

    8121 Market St, Wilmington, NC 28411-9387

    2,462 SF 1.3 ac lot Built 2002
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US53-0848161
    Property summary
    AI-generated overview

    This exceptional 2,462 square foot office space is located at 8121 Market Street in Wilmington, North Carolina's desirable Porters Neck district. Previously a car wash, this single-tenant property has been converted for office or retail use and sits on approximately 1.29 acres. The B-2 zoning allows for a variety of commercial uses. Its prime Market Street location offers high visibility and significant traffic volume, making it an ideal location for businesses needing ample parking. The building's total square footage is 2,462 square feet, situated in New Hanover County, North Carolina, with a zip code of 28411. The property's convenient location and flexible zoning make it a compelling opportunity for businesses seeking a high-traffic, easily accessible location in a thriving commercial area. This property presents a unique chance to establish a presence in a well-established and growing neighborhood. The ample parking available caters to businesses requiring convenient access for employees and customers alike. The building's adaptable layout allows for customization to suit a variety of business needs. This is a rare opportunity to secure a prominent location on Market Street in Wilmington.

    Property profile
    Verified
    Property type Car washes
    Use group CAR WASH
    Year built 2002
    Construction CONCRETE
    Total area 2,462 SF
    Lot 1.3 ac (56,628 SF)
    Zoning code B-2,BUSINESS DISTRICT
    APN R03600-003-120-000
    UPID US53-0848161
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.30M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.21M
    Blend (final) Blend
    $1.30M
    Owner & transaction history
    Concorde Espresso Bar LLC
    Concorde Espresso Bar LLC
    since 2026
    Last sale
    $1.3M
    6 recorded transactions
    2026
    $1.8M
    2024
    $1.3M
    2022
    $1.1M
    2012
    $573,000
    1969
    1969
    Zoning & alternative use
    B-2,BUSINESS DISTRICT · Wilmington, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $800,000 +13.7%
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