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    1507 Greenfield St Wilmington, NC 28401

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    For Lease
    Contact for pricing

    City block near downtown Wilmington with two brick buildings.

    Property size:
    8,301 SF
    Lot size:
    2.98 Acres

    Property Features for 1507 Greenfield St

    General Information

    Size
    8,301 SF
    Lot size
    2.98 Acres

    Source: South Atlantic Sites Agent Payton Reid

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

    Overview

    Rare City Block for Lease

    This is a rare opportunity to lease an entire city block situated at the signalized intersection of 16th Street and Greenfield Street, which experiences over 20,000 vehicles per day. The property is located just south of Downtown Wilmington and in close proximity to Novant Hospital, which employs over 2,000 individuals. It is also adjacent to the South Front District and Greenfield Lake Amphitheater. The property spans 3.00 acres and features two brick buildings. The first building comprises 4,747 square feet and includes 4 garage bays and warehouse space. The second building offers 3,554 square feet with several offices and storage areas. In total, the two buildings provide 8,301 square feet of space. The entire lot is secured by perimeter fencing and offers over 150 parking spaces.
    Insight Report Location Intelligence

    Current Use by Public Records

    HHS Annex County Government Office Pandemic Operations Center Medical Laboratory

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Go Store It Self Storage, Go Store It Self Storage, Atlantic Moving Systems, Murray Transfer And Storage

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.9274755
    Latitude
    34.2183739

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    FAQs

    What type of property is this?
    Warehouse - City block near downtown Wilmington with two brick buildings.
    Where is this warehouse located?
    The property is located at 1507 Greenfield St Wilmington, NC.
    What are key features of this property?
    This property features: - Rare opportunity to lease an entire 3.00-acre city block.; - Located at a signalized intersection with **high traffic volume (over 20,000 VPD)**.; - Proximity to Novant Hospital (2,000+ employees), Downtown Wilmington, and South Front District.
    (301) 514-0659
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    1507 Greenfield St Wilmington, NC 28401
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    Wilmington, NC 28401
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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
    1507 Greenfield St Wilmington, NC 28401
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