Property profile

952 Kerr Ave Wilmington, NC 28403

OFF-MARKET
Retail space
Property ID
US53-1347344
3,800 SF 0.68 ac lot Built 1984
Entity Owned 15-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1984
Construction WOOD FRAME
Total area 3,800 SF
Lot 0.68 ac (29,621 SF)
Zoning code CB,COMMUNITY BUSIN
APN R05515-006-001-002
UPID US53-1347344

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Location

952 Kerr Ave Wilmington, NC 28403-4311
Wilmington metro Census 10503 WILMINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
$575k
Comparable Approach Comparable
$459k
Blend (final) Blend
$340k

Owner & transaction history

since 2011
2 recorded transactions
2011
$72,500
2006
$462,000

Zoning & alternative use

CB,COMMUNITY BUSIN · Wilmington, NC

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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