12 Pavilion AveCarolina Beach, NC 28428

  • Office buildings
  • 1,342 SF
For Sale
$950,000 View listing

Property Details for 12 Pavilion Ave

Year built
1950
Construction
WOOD FRAME
Lot size
0.04 AC
Property size (Sq ft)
1,342 SF
Zone code
CBD,CENTRAL BUS DIST
Property type
Office buildings
APN
R09006-008-001-000
APU
R09006008001000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $368,665
    6.5%
    $340,306
    7%
    $315,999
  • Comparable approach

    Method
    Valuation
    Relative Method
    $355,256
    Geo Method
    $308,043
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $735,771
    Retail / Commercial
    $364,421
    Mixed-Use / Specialty
    $352,974
    Hospitality / Lodging
    $245,753
    Institutional / Educational
    $363,323
    Residential Income
    $425,088
    Multifamily
    $566,089
    Automotive / Energy
    $311,420
    Parking / Income-Based Land
    $117,494
    Restaurant / Food Service
    $161,926
    Healthcare / Senior Housing
    $372,375

Location Insight

City
Carolina Beach
County
New Hanover
State
North Carolina
Latitude
34.0339
Longitude
-77.892
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
$3,580
$453,900
$84,500
$538,400
-
$453,900
$84,500
$538,400

FAQs

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