2150 BurnettWilmington, NC 28401

  • Residential income homes
  • 15,152 SF
Off market
$30,337,000 Estimated

Property Details for 2150 Burnett

Year built
1940
Construction
CONCRETE
Lot size
3.03 AC
Property size (Sq ft)
15,152 SF
Zone code
O&I-1
Property type
Residential income homes
Property subtype
Serviced apartments
APN
R05916-005-001-000
APU
R05916005001000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,199,460
    6.5%
    $4,799,500
    7%
    $4,456,680
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,692,940
    Geo Method
    $4,069,250
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $8,307,300
    Retail / Commercial
    $4,114,540
    Mixed-Use / Specialty
    $3,985,290
    Hospitality / Lodging
    $2,774,700
    Office
    $3,842,270
    Institutional / Educational
    $4,102,140
    Multifamily
    $6,391,490
    Automotive / Energy
    $3,516,120
    Parking / Income-Based Land
    $1,326,580
    Restaurant / Food Service
    $1,828,240
    Healthcare / Senior Housing
    $4,204,340

Location Insight

City
Wilmington
County
New Hanover
State
North Carolina
Latitude
34.1975
Longitude
-77.949
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
2022
-
$321,100
$906,800
$1,227,900
-
$321,100
$906,800
$1,227,900

FAQs

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