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Waterfront Industrial Land Available
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2400 US Hwy 421 N, Wilmington, NC 28401

14 acres of industrial-zoned waterfront property on Cape Fear River.

Property SizeContact for details
Lot Size14.00 Acres
Days on Market110

Property Features for 2400 US Hwy 421 N

General Information

Standard status Active
Lot size 14.00 Acres
Property subtype LAND
Listing Agency: Sun Coast Partners Commercial
Listed By: Cody Cress
Source: Moodyscre
Added: May 5 Changed: Aug 12 Last Checked: Aug 21 at 12:40PM

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 Sun Coast Partners Commercial

Investment Insights

Based on property information with market context.

Located along the rapidly expanding Highway 421 Industrial Corridor, this property offers approximately 14 acres of industrial-zoned waterfront land in New Hanover County, NC. It features about 700 feet of frontage on the Cape Fear River, providing access, visibility, and development potential within one of Southeastern North Carolina’s industrial markets. Situated 1.5 miles south of the I-140 interchange and approximately five minutes from Downtown Wilmington, the property offers connectivity and proximity to I-40, US Hwy 74/76, Wilmington International Airport (ILM), and the Port of Wilmington. The corridor has seen industrial investment and infrastructure expansion, due to the completion of the I-140 bypass, utility upgrades, and demand for distribution, logistics, manufacturing, and flex-industrial facilities. The Hwy 421 corridor is home to regional and national users including Amazon, FedEx, Ferguson, Home Depot suppliers, Kesseböhmer, Trane, Coastal Carriers, and Paperfoam. New Class A industrial developments such as Wilmington Trade Center and The Yard Industrial Park attract tenant activity and institutional investment. The property benefits from proximity to Downtown Wilmington’s urban amenities, including the Riverwalk, waterfront restaurants and breweries, boutique hotels, entertainment venues, financial institutions, and professional services. Downtown Wilmington also provides access to the Wilmington Convention Center, Live Oak Bank Pavilion, and an expanding residential population. With river frontage, industrial zoning, and access to the region’s transportation infrastructure, this property represents an opportunity for industrial, logistics, maritime-related, or mixed industrial redevelopment in coastal North Carolina’s commercial corridors. Approximate 14 acre portion of Parent Parcel R04000-003-006-000 to be subdivided and subject to survey, new deeded access points and easements. FEMA Flood Zone AE. Seller has made improvements to the site's elevation.

Key Highlights

  • Approximately 14 acres of industrial‑zoned (IND) waterfront property with ~700 feet of frontage on the Cape Fear River.
  • Located in the rapidly expanding Highway 421 Industrial Corridor in New Hanover County, NC.
  • Exceptional access and visibility, situated 1.5 miles south of the I‑140 interchange and approximately five minutes from Downtown Wilmington.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Storage Facility Big Box & Wholesale Store Plumbing Service Auto Parts Store Kitchen & Bath Showroom Food Market

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

41
Businesses Nearby

Demographics for 28401, NC

22,204
Population
13,017
Households
1.7
Avg Household Size
41
Median Age
34%
College-Educated
88%
High-School Grad
31.0 sq mi
ZIP Area
716
Density / Sq Mi
$52,159
Median Household Income
$35,739
Median Earnings
$1,183
Median Rent
$263,000
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?
Industrial land - 14 acres of industrial-zoned waterfront property on Cape Fear River.
Where is this industrial land located?
The property is located at 2400 US Hwy 421 N Wilmington, NC.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Approximately 14 acres of industrial‑zoned (IND) waterfront property with ~700 feet of frontage on the Cape Fear River.; Located in the rapidly expanding Highway 421 Industrial Corridor in New Hanover County, NC.; Exceptional access and visibility, situated 1.5 miles south of the I‑140 interchange and approximately five minutes from Downtown Wilmington.
(910) 409-8421 Call to check price and availability
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