1701 5th Ave Wilmington, NC 28401-2863
Property profile & analytics
1701 5th Ave Wilmington, NC 28401-2863
- Warehouses
- 13,650 SF
- 1.59 lot acres
Property ID
US53-4959924
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 1701 5th Ave
- Year built
- 2023
- Lot size
- 1.59 lot acres
- Property size
- 13,650 SF
- Zone code
- LI
- Property type
- Warehouses
- APN
- R04805-023-001-000
- APU
- R04805023001000
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,500,000
- ML approach
- $4,500,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,810,000
Market price range: $1.88M - $6.98M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $4,000,000 Current use
- OFFICE BUILDING
- $4,885,000 Change: +22% Conversion: Difficult
- RESTAURANT
- $4,525,000 Change: +13% Conversion: Difficult
- MEDICAL BUILDING
- $4,435,000 Change: +11% Conversion: Difficult
- RETAIL STORES
- $3,965,000 Change: -1% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $3,895,000 Change: -3% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.9461
- Latitude
- 34.2551
- 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
$0.00
$178,700
$904,400
$1,083,100
-
$178,700
$904,400
$1,083,100
