2808 Market StWilmington, NC 28403

Property Details for 2808 Market St

Year built

1974

Construction

CONCRETE

Lot size

0.63 AC

Property size (Sq ft)

2,600 SF

Zone code

O&I-1

Property type

Office properties

Property subtype

Office buildings

APN

R04820-008-012-000

APU

R04820008012000

Description

This exceptional Wilmington, NC office property at 2808 Market Street offers five newly renovated office spaces available for lease. Each office boasts approximately 115 square feet of well-maintained space, perfect for individual professionals or small businesses. The entire building comprises 2,600 square feet situated on a 0.64-acre lot in New Hanover County. The single-story building is zoned O&I-1, providing flexibility for various office uses. The property features ample parking, a significant advantage in a busy urban area. All utilities are included in the competitive monthly lease rate of $550 per office, simplifying budgeting and administration. This is a fantastic opportunity to secure modern, functional office space in a convenient Wilmington location. The property's address is 2808 Market Street, Wilmington, NC 28403, with the APN R04820-008-012-000. The building is a traditional office space with multiple tenancies. This presents a unique chance to establish a presence in a thriving business community. Contact us today to schedule a viewing and secure your ideal workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $630,224

  6.5%

  $581,746

  7%

  $540,192

• Comparable approach

  Method

  Valuation

  Relative Method

  $688,276

  Geo Method

  $596,804

• Alternative Use

  Use

  Valuation

  Residential

  $721,365

  Hospitality

  $660,766

  Educational

  $549,750

  Medical

  $568,656

  Retail

  $855,166

Location Insight

City

Wilmington

County

New Hanover

State

North Carolina

Latitude

34.2389

Longitude

-77.9102

CBSA code

48900

CBSA name

WILMINGTON, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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