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Heavy Manufacturing Facility with Rail Service
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202 Raleigh St, Wilmington, NC 28412

Heavy manufacturing campus with five buildings, 22 cranes, and internal plus direct rail service on 68 acres.

Property Size502,000 SF
Lot Size68.00 Acres
Days on Market122

Property Features for 202 Raleigh St

General Information

Standard status Active
Size 502,000 SF
Lot size 68.00 Acres
Property subtype Office, Industrial
Listing Agency: IRG, Industrial Realty Group LLC
Listed By: Onno Steger · License #CA
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 6:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of IRG, Industrial Realty Group LLC

Investment Insights

Based on property information with market context.

This heavy manufacturing facility totals 502,000 square feet across five buildings, including a main building, warehouse, assembly, office, and a paint shop/storage area. The property is described as revamped, with significant recent capital improvements that included upgrades to the facility’s infrastructure, internal rail, and paint shop. Operational equipment noted in the listing includes 22 cranes.

The campus sits on 68 acres and includes internal rail as well as direct rail service.

The current configuration supports industrial manufacturing workflows with purpose-built space for assembly and paint operations, along with office space and supporting warehouse areas.

Key Highlights

  • 502,000 SF heavy manufacturing facility in Wilmington, N.C., with 5 buildings: main, warehouse, assembly, office, and paint shop/storage
  • Set on 68 acres and includes 22 cranes
  • Internal rail service plus direct rail service for on‑site shipping and receiving

Property Analytics

Current Use

SANY America Industrial Manufacturer Terex Construction Company Metro ports Freight Service Double Barrel Farm ... Specialty Food Shop Vertex Railcar Corporation Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

208
Businesses Nearby

Demographics for 28412, NC

42,758
Population
20,704
Households
2.1
Avg Household Size
43
Median Age
41%
College-Educated
93%
High-School Grad
22.3 sq mi
ZIP Area
1,917
Density / Sq Mi
$67,396
Median Household Income
$40,351
Median Earnings
$1,326
Median Rent
$342,600
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Heavy manufacturing campus with five buildings, 22 cranes, and internal plus direct rail service on 68 acres.
Where is this manufacturing property located?
The property is located at 202 Raleigh St Wilmington, NC.
What are key features of this property?
This property features: 502,000 SF heavy manufacturing facility in Wilmington, N.C., with 5 buildings: main, warehouse, assembly, office, and paint shop/storage; Set on 68 acres and includes 22 cranes; Internal rail service plus direct rail service for on‑site shipping and receiving
More about this property
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