1701 N 5Th Ave, Wilmington, NC 28401
For Lease
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This exceptional 14,000-square-foot industrial warehouse in Wilmington, NC, offers a prime location and versatile space ideal for various businesses. Built in 2023, this single-story building features 24-foot ceilings and 10 drive-in doors, ensuring efficient loading and unloading. Currently, 9,000 square feet are available, divisible into units as small as 3,000 square feet, with a maximum contiguous space of 9,000 square feet. The property boasts 3-phase power and is zoned LI-LIGHT INDUSTRIAL, making it suitable for a range of industrial uses, including warehouse, distribution, and manufacturing. Situated at 1701 N 5th Ave, Wilmington, NC 28401, this location provides convenient access to major highways, including Hwy 421, Hwy 17, and Hwy 74. The property is conveniently located on the north side of downtown Wilmington. While the entire 9,000 square feet is available, the landlord is open to dividing the space into two units to accommodate various business needs. Tenants will benefit from ample parking and a laydown area. Scheduled access to a boat lift at Cape Fear Marina is also available, making this an especially attractive option for businesses in the marine industry.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LI · Wilmington, NCWilmington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.