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    902 South College Rd Wilmington, NC 28403
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    Property profile & analytics

    902 South College Rd Wilmington, NC 28403


    • Office buildings
    • 3,476 SF
    • 0.81 lot acres
    Office Space on South College For Lease
    $1,425,000
    2,500 SF

    Office Space on South College

    Office space for lease in Wilmington, North Carolina.

    902 South College Road, Wilmington, NC 28403
    View Listing
    Property ID
    US53-1861705
    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.

    Value Estimations
    $1,425,000
    Cap Rate Potential
    3.1%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Turning Pointe Dance Company / Charitable Organization / Social Service Agency
    • Wilmington Conservatory of Fine Arts / Training Center
    • Walsh Kelley School of Irish Dancing / Training Center

    Property Details for 902 South College Rd

    Year built
    1968
    Construction
    WOOD FRAME
    Lot size
    0.81 lot acres
    Property size
    3,476 SF
    Zone code
    CB,COMMUNITY BUSIN
    Property type
    Office buildings
    APN
    R05515-005-002-000
    APU
    R05515005002000

    Description

    This exceptional executive office suite, located at 902 South College Road in Wilmington, North Carolina, presents a unique investment opportunity. The property boasts a single-tenant occupancy, ideal for a business seeking a dedicated and private workspace. Situated on a generous 0.81-acre lot, the building offers ample space and potential for expansion or future development. The property's address is 902 College Rd, Wilmington, NC 28403, within New Hanover County. The building's total square footage is 1 square foot, indicating a compact and efficient layout, perfect for a smaller executive team or a specialized business. Given its location in Wilmington, NC, the property benefits from the city's vibrant business environment and convenient access to local amenities. The property type is classified as an office building, specifically an executive office suite, suggesting a high-quality finish and professional atmosphere. The single-tenant occupancy ensures a streamlined management process and potentially stable income stream. This property is an excellent choice for a business seeking a prestigious and functional office space in a desirable location. The property's compact size and prime location make it an attractive option for businesses seeking efficiency and accessibility. Further details regarding the internal layout and specifications are available upon request. The property's location in New Hanover County provides access to a range of local services and infrastructure.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,540,000
      ML approach
      $1,705,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,869,000
      Market price range: $690k - $1.87M
      AI Estimate
      $1,134,000
      Market price range: $413k - $1.13M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,215,000
      Current use
      COMMERCIAL (GENERAL)
      $1,090,000
      Change: -10% Conversion: Easy
      MEDICAL BUILDING
      $1,055,000
      Change: -13% Conversion: Easy
      AUTO REPAIR, GARAGE
      $990,000
      Change: -18% 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
    -77.8857
    Latitude
    34.2185
    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
    $7,894
    $423,700
    $510,500
    $934,200
    -
    $423,700
    $510,500
    $934,200
    View Listing
    More about this property
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