Do I need a real estate agent to buy a home in Wilmington NC?

While not legally required, working with a local buyer's agent costs you nothing as a buyer in North Carolina — the seller typically covers both agent commissions. Given the complexity of contracts, due diligence periods, and local market nuance, having an experienced Wilmington real estate agent on your side is strongly advisable. Contact our team to speak with one of our agents before you begin your search.

How long does it take to buy a home in Wilmington NC?

From accepted offer to closing, most transactions in North Carolina close within 30 to 45 days. The due diligence period — during which inspections, financing, and negotiations occur — typically runs two to three weeks. Finding the right property can take anywhere from a few weeks to a few months depending on your criteria and current market conditions.

What is the due diligence fee in North Carolina?

North Carolina uses a unique due diligence system where buyers pay a non-refundable fee directly to the seller in exchange for an agreed period to inspect the property and conduct their research. The amount is negotiable and varies by property value and market conditions. Your Wilmington Realty agent will advise you on what is appropriate for any specific offer.

Can I buy a property and have Wilmington Realty manage it for me?

Yes — this is one of our most common arrangements. Our sales agents assist with the purchase, and once you close, our property management team takes over immediately. You have one point of contact for the full lifecycle of your investment.

How do I get a free home valuation in Wilmington NC?

You can request a free, no-obligation home valuation using the form on this page or by calling Wilmington Realty directly at (910) 477-2447. One of our agents will review comparable sales in your area and provide a realistic market value assessment, typically within 48 hours.

What areas does Wilmington Realty serve for real estate sales?

Wilmington Realty serves the greater Wilmington NC area including all of New Hanover County (Wilmington, Wrightsville Beach, Downtown Wilmington, Historic District, Porter's Neck, Monkey Junction, Kings Grant, Ogden, Castle Hayne, Myrtle Grove, and more), Brunswick County (particularly Leland), and Pender County (including Hampstead).

Why use Wilmington Realty to sell my investment property?

Wilmington Realty's unique position as both a property management company and a real estate brokerage means we have an established pool of investors actively looking to purchase rental properties. We can often match sellers with buyers from within our own inventory, resulting in faster sales, fewer days on market, and smoother tenant transitions.

1808 S Croatan Highway, Kill Devil Hills, NC 27948 (MLS# 100466550)

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$2,500,000

1808 S Croatan Highway
Kill Devil Hills, NC 27948
MLS# 100466550
Status: Closed
8600 sqft

1 / 5

Property Description
Rare OBX opportunity. Prime commercial location in the heart of Kill Devil Hills. Huge corner property with new stop light means easy access and high visibility. The two unit building is 8600 square feet and could be easily reconfigured. Plenty of parking. Imagine the possibilities for this high profile location.

Details

Maps

Building/Ext Features

# of Parking Spaces: 49

# of Units: 2

Lot Acres: 1.22

Lot SqFt: 53000

Lot Dimensions: 125x438

Location Type: Island

Contract Info

Delayed Marketing?: No

Garage: Masterlock

Space: Yes

Sale/Lease: Sale

List Price/SqFt: 406.4

Stipulation of Sale: Standard

Status: Closed

Marketing Start Date: 2024-09-16

Listing Price: 3495000

Current Price: $2,500,000

Location Information

City Limits: Yes

Marketing City: Kill Devil Hills

Secondary Subdivision: N/A

Street #: 1808

Pre Direction: S

Street Name: Croatan

Street Suffix: Highway

County: Dare

State/Province: NC

Zip Code: 27948

Subdivision: Other

Geo Lat: 35.995897

Geo Lon: -75.651069

Remarks and Showing

Sign on Property: No

Directions to Property: On the corner of Lake Dr

Building Info

New Construction: No

Legal and Taxes

Tax Assessed Value: 1243000

Deed Book: 1303

Deed Page: 65

Legal: LOT: 41 43 45 47 PT 39 and LOT: 49 51 53 55 LAKE DRIVE DEVELOPMENT.

Broker Owner: No

PID: 008323039 008323049

Tax Identifier: 008323039 And 008323049

Plat Book: 1303

Plat Page: 65

Special Assessments: na

Tax Year: 2024

Zoning: C 1

Cobra Zone: No

Year Built: 1994

Business Type

Retail: 1

Sale/Lease Includes

Buildings: 1

Heating System Fuel Source

Electric: 1

BuildingExt Features

SqFt - Heated (Primary): 8600

Status Change Info

Under Contract Date: 2024-12-18

Sold Price: $2,500,000

Sold Date: 2025-02-21

Property Features

Business Type: Retail

Heating System Fuel Source: Electric

Supplements

Rare OBX opportunity. Prime commercial location in the heart of Kill Devil Hills. Huge corner property with new stop light means easy access and high visibility. The two unit building is 8600 square feet and could be easily reconfigured. Plenty of parking. Imagine the possibilities for this high profile location.

IDX

Listing Office: Sun Realty of Nags Head/Harbin

Last Updated: February - 23 - 2025

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