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    3240 Us Highway 421 N Wilmington, NC 28401

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    For Sale
    $4,950,000

    Multi-tenant industrial portfolio in Wilmington's growing corridor.

    Property size:
    25,000 SF
    Lot size:
    15.59 Acres

    Property Features for 3240 Us Highway 421 N

    General Information

    Size
    25,000 SF
    Lot size
    15.59 Acres

    Source: Cape Fear Commercial, LLC Agent Will Leonard, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fully Leased Industrial Portfolio

    This is a fully-leased, multi-tenant industrial portfolio consisting of three office/warehouse buildings. The buildings front US Highway 421 N, just south of the intersection with Interstate 140, in the fastest-growing industrial corridor in the Greater Wilmington area. The portfolio includes two freestanding 10,000-square-foot buildings and one freestanding 5,000-square-foot building, totaling approximately 25,000 square feet. A significant amount of additional land exists on-site, offering potential for expansion or future development. Final acreage is subject to verification based on wetlands, topography, setbacks, and existing stormwater infrastructure.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Law Firm Clothing Store Accounting Firm Auto Repair Shop HVAC Service Discount Store Electrical Service Kitchen & Bath Pawn Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    NextStor Storage Pro, Two Men and a Truck Moving and Storage

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.96465
    Latitude
    34.287715

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    FAQs

    What type of property is this?
    Warehouse - Multi-tenant industrial portfolio in Wilmington's growing corridor.
    Where is this warehouse located?
    The property is located at 3240 Us Highway 421 N Wilmington, NC.
    What is the asking price?
    The asking price for this property is $4,950,000.
    What are key features of this property?
    This property features: - Fully-leased, multi-tenant industrial portfolio providing immediate income.; - Located in the fastest-growing industrial corridor in the Greater Wilmington area.; - High-visibility location fronting US Highway 421 N, near Interstate 140.
    (910) 233-5351
    Request Owner's contact information
    3240 Us Highway 421 N Wilmington, NC 28401
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    Wilmington, NC 28401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3240 Us Highway 421 N Wilmington, NC 28401
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