Financial
Distress signals
Property profile

1315 5th Ave Wilmington, NC 28401

OFF-MARKET
Warehouses
Property ID
US53-2132712
43,043 SF 1.9 ac lot Built 1951
Last sale Mar 2021 · $460,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$10k
Tax billed · 2024
Assessed value$1.19M
Assessed land$121k
Assessed improvement$1.07M
Effective rate0.87%

Value estimate

· Sep 2026
$1.31M
$1.17M – $1.44M
AI approach$1.08M
Submarket $/SF estimate$1.54M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$293/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$138 – $511

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
UMX
The purpose of UMX zone is to provide a mix of housing options, to promote and enhance transit options, particularly those that are pedes...
General categoryMIXED_USE
JurisdictionNEW HANOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery9.7
Tailor Shop9.4
Electrical Service9.3

Location

1315 5th Ave Wilmington, NC 28401-6261
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1301 13th, Wilmington, NC 28401-6404 $2,300,000 Jan 2026 29,322 SF
4290 Us Hwy 421st N, Wilmington, NC 28401-9070 $12,436,000 Jun 2025 20,790 SF
3881 Us Hwy 421st N, Wilmington, NC 28401-9059 $11,900,000 Apr 2024 86,632 SF
1220 13th, Wilmington, NC 28401-6403 $660,000 Aug 2023 50,760 SF
1113 17th, Wilmington, NC 28401-8025 $12,250,000 Dec 2022 65,100 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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