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    1519 North 23Rd St Wilmington, NC 28405

    For Lease
    $9 SF/Yr

    28,390± SF industrial space for lease in Wilmington, NC.

    Property size:
    28,390 SF
    Lot size:
    7.14 Acres

    Property Features for 1519 North 23Rd St

    General Information

    Size
    28,390 SF
    Lot size
    7.14 Acres

    Source: Sun Coast Partners Commercial Agent Cody Cress

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wilmington Industrial Space Available

    Located at 1519 North 23rd Street in Wilmington, North Carolina, Venture23 offers 28,390± SF of industrial space available for lease. This industrial warehouse/office/showroom is situated within the ILM International Airport submarket, providing convenient access to Cinespace Film Studios (formerly Screengems), Alcami, Spectrum, Atlantic Packaging, UPS’s Customer Distribution Center, FedEx’s Ship Center, and other businesses. Suite 550, currently occupied by Marmolite Granite until their lease expires in late 2025, features 4,590± SF of office/showroom space and 23,800± SF of warehouse space. The space is nearly fully conditioned and includes three grade-level overhead doors, a clear height of 16ft +/-, a fenced truck court, 3-phase 480 volt power, and a fire suppression system. Venture23 is located at the intersection of 23rd Street and One Tree Hill Way at the MLK Parkway on/off ramp. This corner location offers interconnectivity to I-40, I-140, Hwy 421, Hwy 17, Hwy 74/76, and proximity to Downtown Wilmington.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alcami Pharmaceutical Company Marmolite Granite & Marble Granite Supplier Evolution Digital Studios Video Production Service Mission Defense Corporation Transportation Service Runway to Success Model ... Modeling Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    MCO Distribution & Logistics, L&L Self Storage, Prime Storage, Frontier Scientific Solutions - HQ (Phase I), JMT Services, LLC

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.9206481
    Latitude
    34.2555777

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    FAQs

    What type of property is this?
    Warehouse - 28,390± SF industrial space for lease in Wilmington, NC.
    Where is this warehouse located?
    The property is located at 1519 North 23Rd St Wilmington, NC.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - 28,390± SF Industrial Space Available For Lease; - Located in the ILM International Airport submarket near major businesses; - Excellent interconnectivity to major highways and close proximity to Downtown Wilmington
    (910) 409-8421
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    1519 North 23Rd St Wilmington, NC 28405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1519 North 23Rd St Wilmington, NC 28405
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