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Updated Flex Space with Rear Warehouse
For Sale
$555,000

1534 N Kerr Avenue, Wilmington, NC 28405

Office and warehouse improvements sit within Airport Commerce zoning near ILM Airport.

Property SizeContact for details
Days on Market510

Property Features for 1534 N Kerr Avenue

General Information

Standard status Active
Property subtype Commercial/Industrial
Zoning AC

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $1,098

Building Details

Year Built 1963
Listing Agency: Coldwell Banker Sea Coast Advantage-CB
Listed By: Ajay Singh · License #301605
Source: Exitrealty
Added: Apr 9, 2025 Changed: Aug 30 Last Checked: Aug 30 at 1:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Sea Coast Advantage-CB

Investment Insights

Based on property information with market context.

This flex property at 1534 N Kerr Avenue combines office and warehouse functionality, with an additional garage/warehouse area at the rear and separate office space. The property was built in 1963 and has received updates to the ADA bathroom, metal roof, flooring, water heater, HVAC system, and plumbing.

Located near ILM Airport, the site carries Airport Commerce (AC) zoning, with commercial uses permitted by right. A recent connection to City Water adds to the property’s infrastructure improvements. The combination of office areas, warehouse capacity, and zoning supports a range of commercial applications within the existing improvements.

Key Highlights

  • Flex property with office and warehouse areas
  • Additional 768 Square Feet of garage/warehouse space at the rear
  • Additional office space included

Property Analytics

Current Use

DiMone-Parlier Plumbing & Irrigation Plumbing Service TOI TOI USA Building Supply

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Spa & Massage Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

70
Businesses Nearby
Balanced
Demand for This Use

Demographics for 28405, NC

31,775
Population
17,073
Households
1.9
Avg Household Size
41
Median Age
41%
College-Educated
91%
High-School Grad
23.5 sq mi
ZIP Area
1,352
Density / Sq Mi
$67,809
Median Household Income
$41,265
Median Earnings
$1,405
Median Rent
$337,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Office and warehouse improvements sit within Airport Commerce zoning near ILM Airport.
Where is this flex space located?
The property is located at 1534 N Kerr Avenue Wilmington, NC.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: Flex property with office and warehouse areas; Additional 768 Square Feet of garage/warehouse space at the rear; Additional office space included
More about this property
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