1613 Military Cutoff RdWilmington, NC 28403

  • Office properties
  • 1,680 SF
Off market
$426,500 Estimated

Property Details for 1613 Military Cutoff Rd

Year built
2016
Property size (Sq ft)
1,680 SF
Zone code
R-15,RESIDENTIAL DISTRICT
Property type
Office properties
APN
R05600-002-002-003
APU
R05600002002003

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $407,222
    6.5%
    $375,897
    7%
    $349,047
  • Comparable approach

    Method
    Valuation
    Relative Method
    $444,732
    Geo Method
    $385,627
  • Alternative Use

    Use
    Valuation
    Residential
    $466,112
    Hospitality
    $426,957
    Educational
    $355,223
    Medical
    $367,439
    Retail
    $552,569

Location Insight

City
Wilmington
County
New Hanover
State
North Carolina
Latitude
34.2214
Longitude
-77.831
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
$3,604
-
$426,500
$426,500
-
-
$426,500
$426,500

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