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Multi-Building Warehouse Site
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1405 S 5th Avenue, Wilmington, NC 28401

Multi-building warehouse site on a 16,379 SF lot, including a main warehouse and additional second-level space.

Property Size7,015 SF
Lot Size0.38 Acres
Days on Market110

Property Features for 1405 S 5th Avenue

General Information

Standard status Active
Size 7,015 SF
Lot size 0.38 Acres
Property subtype Industrial
Zoning Urban Mixed Use

Additional Details

Opportunity Zone Yes
Listing Agency: Intracoastal Realty Corp
Listed By: Jeff Hovis · License #234605
Source: Crexi
Added: Apr 12 Changed: Jul 22 Last Checked: Jul 23 at 8:54AM

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 Intracoastal Realty Corp

Investment Insights

Based on property information with market context.

The property consists of multiple structures totaling 7,015 square feet of usable warehouse space. The building breakout includes a 4,776 SF main warehouse, 1,818 SF second-level warehouse space, and a 441 SF separate additional structure. The seller represents that existing autos, equipment, debris, and business property will be removed prior to transfer.

The site is located in an Urban Mixed Use zoned area along S 5th Avenue and is within an Opportunity Zone. Public remarks note the property is within a block of the South Front area.

According to the provided zoning comments, the Urban Mixed Use (UMX) zoning enables the owner to go up 45 feet high by right, with potential up to 75 feet. The existing structures are described as usable, and the site is presented as lending itself to redevelopment.

Key Highlights

  • Multi‑building warehouse site on a 16,379 SF lot in an Urban Mixed Use (UMX) zoned area on S 5th Avenue
  • Total usable space of 7,015 SF, including 4,776 SF main warehouse and 1,818 SF second‑level warehouse
  • Additional separate structure totaling 441 SF included in the site

Property Analytics

Current Use

Warehouses

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
Balanced
Demand for This Use

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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Similar Off Market Nearby

  • City Storage South — 1525 S Front St, Wilmington, NC 28401
  • Scoular — 1870 Burnett Blvd, Wilmington, NC 28401
  • Vopak Terminal — 1710 Woodbine St, Wilmington, NC 28401
  • Atlantic Moving Systems — 1400 S 5th Ave, Wilmington, NC 28401
  • Murray Transfer And Storage — 1400 S 5th Ave, Wilmington, NC 28401

Frequently Asked Questions

What type of property is this?
Warehouse - Multi-building warehouse site on a 16,379 SF lot, including a main warehouse and additional second-level space.
Where is this warehouse located?
The property is located at 1405 S 5th Avenue Wilmington, NC.
What are key features of this property?
This property features: Multi‑building warehouse site on a 16,379 SF lot in an Urban Mixed Use (UMX) zoned area on S 5th Avenue; Total usable space of 7,015 SF, including 4,776 SF main warehouse and 1,818 SF second‑level warehouse; Additional separate structure totaling 441 SF included in the site
(910) 512-2205 Call to check price and availability
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