6209 Oleander DrWilmington, NC 28403

Property Details for 6209 Oleander Dr

Year built

1997

Construction

WOOD FRAME

Lot size

0.18 AC

Property size (Sq ft)

8,704 SF

Zone code

O&I-1

Property type

Office properties

Property subtype

Office buildings

APN

R06208-003-004-000

APU

R06208003004000

Description

This exceptional office space at 6209 Oleander Dr, Wilmington, NC 28403, offers six executive suites perfect for entrepreneurs, small businesses, and professionals. The suites range in size from 100 to 187 square feet, providing flexible options to accommodate various business needs. Located in the heart of Wilmington's business district, this property boasts unparalleled convenience. The strategic location provides easy access to major highways, simplifying commutes and client visits. The building's prime position also places a variety of restaurants within easy walking distance, offering convenient lunch options and a professional setting for client meetings. The property is classified as both Executive Office and Coworking space, catering to a diverse range of business models and preferences. Multiple tenancies are available, allowing for scalability and flexibility. This is an ideal opportunity to establish a thriving business in a vibrant and accessible location. The address is easily accessible from major thoroughfares, making it a highly desirable location for businesses seeking both visibility and convenience. The available suites offer a professional environment conducive to productivity and growth.

• CAP approach

  CAP return

  Valuation

  6%

  $2,109,798

  6.5%

  $1,947,505

  7%

  $1,808,398

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,304,136

  Geo Method

  $1,997,916

• Alternative Use

  Use

  Valuation

  Residential

  $2,414,906

  Hospitality

  $2,212,042

  Educational

  $1,840,392

  Medical

  $1,903,686

  Retail

  $2,862,833

Location Insight

City

Wilmington

County

New Hanover

State

North Carolina

Latitude

34.2111

Longitude

-77.8365

CBSA code

48900

CBSA name

WILMINGTON, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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