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Property profile & analytics

1315 5Th Ave Wilmington, NC 28401

  • Warehouses
  • 43,043 SF
  • 1.90 lot acres
For Sale
Last Sale
Oct 22, 2025
$1,600,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US53-2132712
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Seaboard Social Hall / Food Court

Property Details for 1315 5Th Ave

Year built
1951
Construction
CONCRETE
Lot size
1.90 lot acres
Property size
43,043 SF
Zone code
UMX
Property type
Warehouses
APN
R05413-040-002-000
APU
R05413040002000

Description

This exceptional commercial property located at 1315 S 5th Avenue in Wilmington, North Carolina, presents a significant investment opportunity. Boasting a substantial 44,841 square feet of space, this property sits on a generous 1.9-acre lot, offering ample room for expansion or outdoor operations. The building's versatile design makes it suitable for a wide range of industrial uses, from warehousing and distribution to light manufacturing or specialized workshops. Its strategic location in Wilmington provides easy access to major transportation routes, ensuring efficient logistics and convenient commutes for employees and clients. The property's size and location combine to create a compelling proposition for businesses seeking to establish or expand their operations in a thriving market. The asking price of $2,370,000 reflects the significant value and potential this property offers. Serious inquiries are encouraged to explore the possibilities and secure this prime commercial real estate asset. Further details and site visits can be arranged upon request. This is a rare opportunity to acquire a substantial industrial property in a desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Wilmington
County
New Hanover
State
North Carolina
Longitude
-77.9406
Latitude
34.2186
CBSA code
48900
CBSA name
WILMINGTON, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$10,346
$120,500
$1,068,700
$1,189,200
-
$120,500
$1,068,700
$1,189,200
More about this property
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