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Front-Load Distribution Center
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802 N 23rd St, Wilmington, NC 28405

Rail-served industrial facility with dock access, drive-in doors, office space, and fire suppression.

Property Size214,427 SF
Days on Market143

Property Features for 802 N 23rd St

General Information

Standard status Active
Size 214,427 SF
Property subtype Industrial

Warehouse & Industrial

Office Build-Out 2,402 SF
Dock-High Doors 14
Drive-In Doors 2
Loading Front Load
Rail Access Yes
Sprinkler System Yes

Additional Details

Highway Access Yes
Listing Agency: Cape Fear Commercial
Listed By: Will Leonard · License #NC 214347
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 6:17AM

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 Cape Fear Commercial

Investment Insights

Based on property information with market context.

This front-load distribution facility contains 214,427 SF of warehouse space within Airgate Logistics Center. The building is rail-served and includes fourteen dock-high doors, two 16' drive-in doors, seven rail doors, and a full fire suppression system. Existing office space totals 2,402 SF, while conceptual plans provide for approximately 1,950 SF of additional office construction.

The property is located on 23rd Street in Wilmington, with access to Market Street/US Highway 17, MLK, Jr. Parkway, and Wilmington International Airport (ILM). Seller-prepared conceptual plans also address expanded parking areas and the truck court. Space is scheduled in two phases, with 71,244 SF available January 1, 2025, and an additional 143,183 SF available July 1, 2025.

Key Highlights

  • 214,427 SF front‑load warehouse and distribution facility
  • Rail‑served property with seven rail doors
  • Fourteen dock‑high doors and two 16' drive‑in doors

Property Analytics

Current Use

MCO Distribution & Logistics Storage Facility MCO Transport Inc Freight Service Coastal Reuse Center Home Decor Store

Suggested Use

Top Pick Building Supply Restaurant Real Estate Agency Dental Office Auto Repair Shop Spa & Massage Center

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

Lease Details

14
Dock-high doors
2
Drive-in doors
Yes
Sprinkler system
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

169
Businesses Nearby

Demographics for 28405, NC

31,775
Population
17,073
Households
1.9
Avg Household Size
41
Median Age
41%
College-Educated
91%
High-School Grad
23.5 sq mi
ZIP Area
1,352
Density / Sq Mi
$67,809
Median Household Income
$41,265
Median Earnings
$1,405
Median Rent
$337,000
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?
Distribution center - Rail-served industrial facility with dock access, drive-in doors, office space, and fire suppression.
Where is this distribution center located?
The property is located at 802 N 23rd St Wilmington, NC.
What are key features of this property?
This property features: 214,427 SF front‑load warehouse and distribution facility; Rail‑served property with seven rail doors; Fourteen dock‑high doors and two 16' drive‑in doors
(910) 233-5351 Call to check price and availability
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