921 Princess St Wilmington, NC 28401-4450
Property profile & analytics
921 Princess St Wilmington, NC 28401-4450
- Warehouses
- 30,456 SF
- 1.23 lot acres
Property ID
US53-1601385
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
- Bottle Works ILM / Hotel & Motel / Resort
- Ibis Coffee and Cocktails / Bar & Pub
- Craftspace Commercial / Storage Facility / Warehouse & Storage
- Kasey Smith Interiors / Interior Design / Home Decor Store
- Wandering Cone Creamery / Grocery & Convenience Store / Specialty Food Shop
Property Details for 921 Princess St
- Year built
- 1972
- Construction
- CONCRETE
- Lot size
- 1.23 lot acres
- Property size
- 30,456 SF
- Zone code
- UMX
- Property type
- Warehouses
- APN
- R04817-024-001-000
- APU
- R04817024001000
Description
The Bottle Works Building, a newly renovated (2024) mixed-use property at 921 Princess St, Wilmington, NC 28401, offers 102,419 square feet of versatile space. Located in the vibrant Soda Pop District of the Wilmington Metro submarket, this building occupies an entire city block and sits on 2.52 acres of land. Its UMX zoning allows for a wide range of uses, including creative office, traditional office, flex space, warehouse, and manufacturing. The property features six loading docks with six dock-high doors and four drive-in doors, catering to diverse operational needs. Minimum leasable space starts at 1,200 square feet, with a maximum contiguous space of 13,000 square feet, making it suitable for businesses of various sizes. Built in 1950, this building provides ample parking with common parking lots and convenient street parking. Shared amenities include a mailroom and restrooms. The building's central location in New Hanover County, near the intersection of 9th, 10th, and Chestnut Streets, provides excellent accessibility and visibility. This is a unique opportunity to secure space in a revitalized, historically significant building within a thriving urban district.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $12,380,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,285,000
- 6.5%
- $5,805,000
- 7%
- $5,390,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,505,000
Market price range: $4.20M - $15.6M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $8,920,000 Current use
- OFFICE BUILDING
- $10,900,000 Change: +22% Conversion: Difficult
- RESTAURANT
- $10,100,000 Change: +13% Conversion: Difficult
- MEDICAL BUILDING
- $9,895,000 Change: +11% Conversion: Difficult
- RETAIL STORES
- $8,850,000 Change: -1% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $8,695,000 Change: -3% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.9379
- Latitude
- 34.2379
- 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
2024
$16,088
$242,000
$1,607,200
$1,849,200
-
$242,000
$1,607,200
$1,849,200
