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Wilmington Land For Development
For Sale
$775,000

1403 S 5th Avenue, Wilmington, NC 28401

LAND - Wilmington, NC

Lot Size0.98 Acres
Days on Market226

Property Features for 1403 S 5th Avenue

General Information

Property type Land
Property subtype Other
Zoning UMX
Subdivision Not In Subdivision
Lot features Corner Lot
Elementary school Forest Hills
Middle school Myrtle Grove
High school Hoggard
Directions From Downtown take S 3rd Street, turn left on Dawson Street, turn right on S 5th Avenue. Property is at S 5th Ave and Martin.
Standard status Active
APN R05417-006-004-000
Lot size 0.98 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description All 1 Pt 2/3/4 Blk 576
Tax Annual Amount 2961
Legal Description All 1 Pt 2/3/4 Blk 576

Utilities

Utilities Natural Gas Available
Water source Public
Listing Agency: Intracoastal Realty Corporation
Listed By: Jeffrey G Hovis · License #234605
Added: Dec 18, 2025 Changed: Jun 17 Last Checked: Aug 1 at 11:06PM
MLS# 100546015

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property consists of 42,580 square feet (0.97 acre) of land available for development. It is located between S 5th Avenue and S 6th Street. The property is zoned UMX and is within blocks of the developing South Front Area. This corner lot connects from S 5th Avenue to S 6th Street and is suitable for multiple uses within the rapidly developing area.

Key Highlights

  • Prime corner lot location connecting S 5th Avenue and S 6th Street.
  • Zoned UMX, allowing for multiple uses.
  • Located within blocks of the developing South Front Area.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Bakery Electrical Service (Bike/Boat/Book/etc) Store Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

2,475
Businesses Nearby

Demographics for 28401, NC

22,204
Population
13,017
Households
1.7
Avg Household Size
41
Median Age
34%
College-Educated
88%
High-School Grad
31.0 sq mi
ZIP Area
716
Density / Sq Mi
$52,159
Median Household Income
$35,739
Median Earnings
$1,183
Median Rent
$263,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Land available for development in Wilmington, North Carolina.
Where is this commercial land located?
The property is located at 1403 S 5th Avenue Wilmington, NC.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Prime corner lot location connecting S 5th Avenue and S 6th Street.; Zoned UMX, allowing for multiple uses.; Located within blocks of the developing South Front Area.
More about this property
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