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Class A Office Condo Units
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5127 Oleander Drive, Wilmington, NC 28403

Planned office condo construction offers build-to-suit flexibility within Magnolia Office Park.

Property SizeContact for details
Days on Market146

Property Features for 5127 Oleander Drive

General Information

Standard status Active
Class Class A
Property subtype Office, Land
Listing Agency: RE/MAX Essential
Listed By: Kenneth Fisher · License #NC227264
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 10:03PM

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 RE/MAX Essential

Investment Insights

Based on property information with market context.

Planned development at 5127 Oleander Drive will deliver Class A office condo units within Magnolia Office Park. The proposed building is intended for office use and can be designed to suit occupant requirements, with improvements and allowances subject to negotiation.

The property is near NHRMC Orthopedic Hospital and is positioned within the Wilmington, NC office park setting. The planned delivery is described in warm vanilla shell condition, providing a defined starting point for interior customization.

Key Highlights

  • Proposed Class A office condo building in Magnolia Office Park
  • Build‑to‑suit design available for occupant requirements
  • Improvements and allowances are negotiable

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Bakery Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Locksmith

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

523
Businesses Nearby

Demographics for 28403, NC

38,134
Population
20,424
Households
1.9
Avg Household Size
30
Median Age
48%
College-Educated
94%
High-School Grad
14.0 sq mi
ZIP Area
2,724
Density / Sq Mi
$50,988
Median Household Income
$30,991
Median Earnings
$1,293
Median Rent
$337,600
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?
Office units - Planned office condo construction offers build-to-suit flexibility within Magnolia Office Park.
Where is this office units located?
The property is located at 5127 Oleander Drive Wilmington, NC.
What are key features of this property?
This property features: Proposed Class A office condo building in Magnolia Office Park; Build‑to‑suit design available for occupant requirements; Improvements and allowances are negotiable
(910) 616-2123 Call to check price and availability
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