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    5740 Park Ave Wilmington, NC 28403

    For Lease
    $20 SF/Yr ($5,961 /Mo)

    Office/flex space in desirable Seagate community, suitable for various uses.

    Property size:
    3,577 SF
    Lot size:
    0.65 Acres

    Property Features for 5740 Park Ave

    General Information

    Size
    3,577 SF
    Lot size
    0.65 Acres

    Source: Cape Fear Commercial, LLC Agent Patrick Riley

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

    Overview

    Versatile Office/Flex Space Available

    This office/flex space is located on the east side of town in the Seagate community. The property offers between approximately 2,581 and 3,577 square feet of space. The layout includes first-floor storage or workspace and second-floor office space. The flexible layout options make the property suitable for professional or light industrial uses. The location near major corridors and residential neighborhoods provides accessibility and visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Moe's Southwest Grill, Irv's Signature Catering, WilmiRicans, Clean Eatz, Diamond Catering Services

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.84705
    Latitude
    34.210793

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    FAQs

    What type of property is this?
    Flex space - Office/flex space in desirable Seagate community, suitable for various uses.
    Where is this flex space located?
    The property is located at 5740 Park Ave Wilmington, NC.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Located in the desirable Seagate community on the east side of town.; - Flexible layout options suitable for professional or light industrial uses.; - Offers ± 2,581–3,577 SF of office/flex space.
    (910) 264-2153
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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
    5740 Park Ave Wilmington, NC 28403
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