323 RacineWilmington, NC 28403
- Residential income properties
- 48,312 SF
Off market
$11,467,500 Estimated
Property Details for 323 Racine
- Year built
- 1989
- Construction
- WOOD FRAME
- Lot size
- 6.61 AC
- Property size (Sq ft)
- 48,312 SF
- Zone code
- MF-M,MULTI FAM MED DEN
- Property type
- Residential income properties
- Property subtype
- Garden apartment buildings
- APN
- R04920-003-007-001
- APU
- R04920003007001
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $14,521,068
- 6.5%
- $13,404,063
- 7%
- $12,446,630
-
Comparable approach
- Method
- Valuation
- Relative Method
- $19,823,300
- Geo Method
- $17,188,782
-
Alternative Use
- Use
- Valuation
- Residential
- $13,404,063
- Hospitality
- $12,278,050
- Educational
- $10,215,193
- Medical
- $10,566,509
- Retail
- $15,890,301
323 Racine, Wilmington, North Carolina
Location Insight
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Latitude
- 34.2352
- Longitude
- -77.8682
- 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
-
$1,826,500
$9,641,000
$11,467,500
-
$1,826,500
$9,641,000
$11,467,500
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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