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.

200 NW Broad Street, Southern Pines, NC 28387 (MLS# 100356946)

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$1,400,000

200 NW Broad Street
Southern Pines, NC 28387
MLS# 100356946
Status: Closed
5652 sqft

1 / 16

Property Description
Investment Opportunity in Southern Pines. Fully leased mixed-use building in a prime downtown location on the corner of NW Broad St and W New Hampshire Ave and surrounded by local retail shops and unique dining. Property is zoned Central Business and within a Historical District.

Details

Maps

Building/Ext Features

Lot Acres: 0.12

Lot SqFt: 5401

Lot Dimensions: 100x54.8x100x54.8

Location Type: Mainland

Contract Info

Delayed Marketing?: No

Sub-Type: Improved

Sale/Lease: Sale

Auction: No

List Price/SqFt: 265.39

Stipulation of Sale: Standard

Status: Closed

Marketing Start Date: 2022-11-04

Listing Price: 1500000

Current Price: $1,400,000

Location Information

City Limits: Yes

Marketing City: Southern Pines

Secondary Subdivision: N/A

Street #: 200

Pre Direction: NW

Street Name: Broad

Street Suffix: Street

County: Moore

State/Province: NC

Zip Code: 28387

Subdivision: Downtown

Geo Lat: 35.17506

Geo Lon: -79.390797

Remarks and Showing

Sign on Property: No

Directions to Property: From US-1 take exit toward Pennsylvania Ave/Southern Pines Business District/Historical District. Turn onto W Pennsylvania Ave towards downtown Southern Pines. Turn left onto N Bennett St. Turn right onto W Connecticut Ave. Turn right onto NW Broad St. Property on your right on the corner of NW Broad St and W New Hampshire Ave.

Building Info

New Construction: No

Legal and Taxes

Tax Assessed Value: 783340

Deed Book: 5066

Deed Page: 114

Legal: BLK J 4 LOT 1 PART LOT 2

Broker Owner: No

PID: 00032243

Tax Identifier: 00032243

Plat Book: See Remarks

Plat Page: See Remarks

Special Assessments: none

Tax Year: 2022

Zoning: CB

HOA: No

Cobra Zone: No

Year Built: 1912

Business Type

Mixed: 1

Retail: 1

Commercial: 1

Sale/Lease Includes

Buildings: 1

Land: 1

Heating System Fuel Source

Electric: 1

Natural Gas: 1

BuildingExt Features

SqFt - Heated (Primary): 5652

Status Change Info

Under Contract Date: 2022-11-18

Sold Price: $1,400,000

Sold Date: 2023-02-01

Property Features

Business Type: Mixed; Retail; Commercial

Heating System Fuel Source: Electric; Natural Gas

IDX

Listing Office: Bell Manley Real Estate LLC

Last Updated: February - 02 - 2023

Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

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