1403 S 5Th Ave Wilmington, NC 28401
Property profile & analytics
1403 S 5Th Ave Wilmington, NC 28401
- Warehouses
- 1,200 SF
- 0.98 lot acres
Property ID
US53-1803963
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.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 1403 S 5Th Ave
- Year built
- 1978
- Construction
- STEEL FRAME
- Lot size
- 0.98 lot acres
- Property size
- 1,200 SF
- Zone code
- UMX
- Property type
- Warehouses
- APN
- R05417-006-004-000
- APU
- R05417006004000
Description
This exceptional 0.97-acre parcel in Wilmington, North Carolina, presents a unique opportunity for mixed-use development. Located at 1403 S 5th Ave, in New Hanover County, zip code 28401 (34.2178547, -77.9407796), this commercially zoned property boasts UMX zoning, allowing for a variety of uses. A concept plan suggests the potential for a significant development, including approximately 69 multi-family units, 70 parking spaces, and one retail space, aligning with zoning requirements. The strategic location directly across from the planned Seaboard Social Hall offers exceptional visibility and access to amenities. The asking price is $875,000. This land is ideal for developers seeking a prime location with high development potential in a thriving North Carolina market. The property's versatility and prime location make it an attractive investment for those seeking a high-return opportunity. The 0.97-acre lot size provides ample space for a substantial project, while the UMX zoning ensures flexibility in development plans. This is a rare chance to acquire a significant piece of land in a rapidly growing area. Serious inquiries are encouraged.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.9404
- Latitude
- 34.2178
- 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
$1,132
$75,200
$54,900
$130,100
-
$75,200
$54,900
$130,100
