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    23rd 802 Wilmington, NC

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    For Lease
    $5 SF/Yr

    110,500 SF warehouse/distribution space for lease.

    Property size:
    110,500 SF
    Lot size:
    13.10 Acres

    Property Features for 23rd 802

    General Information

    Size
    110,500 SF
    Lot size
    13.10 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

    Warehouse/Distribution Space in Airgate

    This 110,500 square foot warehouse/distribution space is located in the Airgate Logistics Center on 23rd Street. The property offers 101,525 square feet of front-load warehouse/distribution space. It is in close proximity to Market Street/US Highway 17, MLK, Jr. Parkway, and Wilmington International Airport (ILM). The rail-served space includes access to fourteen dock-high doors, two 16-foot drive-in doors, and seven rail doors. A full fire suppression system is in place. Conceptual plans are available for approximately 1,950 square feet of additional office space that could be constructed. There is also 2,402 square feet of existing office space available. The property is suitable for warehouse and distribution purposes.
    Location Intelligence

    Current Use by Public Records

    Distribution centers

    Similar Places Nearby

    L&L Self Storage, Prime Storage, JMT Services, LLC, U-Pack, Southern Moving & Storage

    Map

    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.971741
    Latitude
    34.264595

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    FAQs

    What type of property is this?
    Warehouse - 110,500 SF warehouse/distribution space for lease.
    Where is this warehouse located?
    The property is located at 23rd 802 Wilmington, NC.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: - 110,500 SF Warehouse/Distribution Space available; - Located in Airgate Logistics Center, Greater Wilmington Area; - Rail-Served with Seven (7) Rail Doors
    (910) 233-5351
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    23rd 802 Wilmington, NC
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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
    23rd 802 Wilmington, NC
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