420 3rdWilmington, NC 28401

  • Bars
  • 4,108 SF
Off market
$656,300 Estimated

Property Details for 420 3rd

Year built
1967
Construction
CONCRETE
Lot size
0.40 AC
Property size (Sq ft)
4,108 SF
Zone code
CBD,CENTRAL BUS DIST
Property type
Bars
Property subtype
Pubs
APN
R04813-032-002-000
APU
R04813032002000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,463,759
    6.5%
    $1,351,162
    7%
    $1,254,651
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,740,440
    Geo Method
    $2,376,235
  • Alternative Use

    Use
    Valuation
    Residential
    $1,139,756
    Hospitality
    $1,044,010
    Educational
    $868,604
    Medical
    $898,477
    Retail
    $1,351,162

Location Insight

City
Wilmington
County
New Hanover
State
North Carolina
Latitude
34.2409
Longitude
-77.9462
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
-
$473,100
$183,200
$656,300
-
$473,100
$183,200
$656,300

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