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    2820 Us-421 Wilmington, NC 28401

    Sponsored
    For Lease
    $8 SF/Yr

    Class A flex space, Hwy 421, NC.

    Lot size:
    115,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A industrial property, "The Yard," Building 1, offers 115,000 square feet of flexible space in Wilmington, NC. Located on 10.88 acres at 2820 US-421, Building 1 is a single-story structure built in 1962 and extensively renovated in 2023. The property is zoned I-2 and features five suites, with a minimum divisible space of 15,000 square feet and a maximum contiguous space of 23,400 square feet. Currently, 38,400 square feet is available. Units can be subdivided to approximately 15,000 square feet, or units can be combined for larger needs, up to 38,400 square feet. This prime location boasts convenient access to major transportation arteries including I-140, I-40, Highways 74/76/17, Wilmington International Airport, Downtown Wilmington, and the NC Port of Wilmington. The property also benefits from deep-water access to the Cape Fear River and an existing CSX rail spur. Complete infrastructure is in place, including water, sewer, electricity, and gas, making it ideal for manufacturing, warehouse, distribution, R&D, and flex uses. The APN is 3119-53-1339.000. This is a rare opportunity in the thriving New Hanover Outlying submarket along Highway 421.

    Property Features for 2820 Us-421

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    115,000 SF
    Class
    A
    Total Rate
    81458.33

    Building Details

    Year Built/Renovated
    1962/2023
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Unit 4
    Size
    23,400 SF
    Rate per SF
    $8
    Space
    Unit 2
    Size
    15,000 SF
    Rate per SF
    $8

    HighLights

    • Dock‑high and drive‑in loading options available.
    • 35‑foot clear ceiling height.
    • 16‑foot eave height.
    • 20' x 50' column spacing.
    • Fully sprinklered.
    • Secure lay‑down yard available, fencing possible.
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Map

    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.959498798806
    Latitude
    34.276466876009

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    FAQs

    What type of property is this?
    Life science property - Class A flex space, Hwy 421, NC.
    Where is this life science property located?
    The property is located at 2820 Us-421 Wilmington, NC.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Dock-high and drive-in loading options available.; 35-foot clear ceiling height.; 16-foot eave height.
    Request Owner's contact information
    2820 Us-421 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.

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    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
    2820 Us-421 Wilmington, NC 28401
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