Property profile

8121 Market St Wilmington, NC 28411

OFF-MARKET
Car washes
Property ID
US53-0848161
2,462 SF 1.3 ac lot Built 2002
Entity Owned Absentee Owner ~ Est. High Equity
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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

Location

8121 Market St Wilmington, NC 28411-9387
Wilmington metro Census 11612 WILMINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

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

since 2026
Last sale
$1.3M
6 recorded transactions
2026
$1.8M
2024
$1.3M
2022
$1.1M
2012
$573,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B-2,BUSINESS DISTRICT · Wilmington, NC
Top alternative use upside
Office building $800,000 +13.7%

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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