8121 Market StWilmington, NC 28411

Property Details for 8121 Market St

Year built

2002

Construction

CONCRETE

Lot size

1.30 AC

Property size (Sq ft)

2,462 SF

Zone code

B-2,BUSINESS DISTRICT

Property type

Car washes

APN

R03600-003-120-000

APU

R03600003120000

Description

This exceptional 2,462 square foot office space is located at 8121 Market Street in Wilmington, North Carolina's desirable Porters Neck district. Previously a car wash, this single-tenant property has been converted for office or retail use and sits on approximately 1.29 acres. The B-2 zoning allows for a variety of commercial uses. Its prime Market Street location offers high visibility and significant traffic volume, making it an ideal location for businesses needing ample parking. The building's total square footage is 2,462 square feet, situated in New Hanover County, North Carolina, with a zip code of 28411. The property's convenient location and flexible zoning make it a compelling opportunity for businesses seeking a high-traffic, easily accessible location in a thriving commercial area. This property presents a unique chance to establish a presence in a well-established and growing neighborhood. The ample parking available caters to businesses requiring convenient access for employees and customers alike. The building's adaptable layout allows for customization to suit a variety of business needs. This is a rare opportunity to secure a prominent location on Market Street in Wilmington.

• CAP approach

  CAP return

  Valuation

  6%

  $724,271

  6.5%

  $668,558

  7%

  $620,804

• Comparable approach

  Method

  Valuation

  Relative Method

  $677,814

  Geo Method

  $587,733

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,349,830

  Mixed-Use / Specialty

  $647,556

  Hospitality / Lodging

  $450,852

  Office

  $624,317

  Institutional / Educational

  $666,544

  Residential Income

  $779,856

  Multifamily

  $1,038,530

  Automotive / Energy

  $571,323

  Parking / Income-Based Land

  $215,551

  Restaurant / Food Service

  $297,064

  Healthcare / Senior Housing

  $683,150

Location Insight

City

Wilmington

County

New Hanover

State

North Carolina

Latitude

34.2972

Longitude

-77.7942

CBSA code

48900

CBSA name

WILMINGTON, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].