Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2820 Us-421 Wilmington, NC 28401

    For Lease
    $9 SF/Yr

    30,000 SF Flex/R&D Space Available

    Lot size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This brand-new, 30,000-square-foot industrial building, situated within "The Yard" industrial park on US Highway 421 in Wilmington, NC, offers exceptional flexibility. Scheduled for completion in April 2025, this single-story structure boasts a minimum 24-foot eave height, reaching 28 feet at the center. The building is divisible to 15,000 square feet, accommodating multiple tenants. Features include LED lighting and a fire suppression system; additional build-outs are negotiable. The property sits on a 10.88-acre lot (4 acres improved) and is zoned I-2. "The Yard" provides unparalleled access to major transportation arteries, including I-140, I-40, Highways 74/76/17, and the Wilmington International Airport. Its strategic location offers proximity to downtown Wilmington and the NC Port of Wilmington, further enhanced by deep-water access to the Cape Fear River and an existing CSX rail spur. The park offers opportunities for various-sized industrial spaces, ground leases, and build-to-suit options. The address is 2820 US Highway 421, Wilmington, NC 28401. The property's APN is 3119-53-1339.000, located in New Hanover County's outlying submarket. This is a rare opportunity to secure space in a modern, strategically located industrial facility.

    Property Features for 2820 Us-421

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,000 SF
    Total Rate
    23750

    Building Details

    Year Built
    2024
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Unit 2
    Size
    15,000 SF
    Rate per SF
    $9
    Space
    Unit 1
    Size
    15,000 SF
    Rate per SF
    $9

    HighLights

    • 30,000 SF industrial building available for lease.
    • New construction, delivery April 2025.
    • Flex/R&D space, divisible to 15,000 SF minimum.
    • Located in the "The Yard" industrial park on US Hwy 421, New Hanover County, NC.
    • Features 24' clear height (28' at peak), LED lighting, and fire suppression.
    • 10.88‑acre lot, I‑2 zoning.
    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

    Nearby Similar for Lease

    • $3,000 /Mo
      1,229 SF

      Wilmington Commercial Space For Rent

      Flexible commercial space with UMX zoning in Wilmington, NC.
      1120 S 3Rd St, Wilmington, NC 28401
      View Details
    • $3,500 /Mo
      1,824 SF

      Retail Space in SoFro District

      Vibrant retail space in Wilmington's popular SoFro District.
      1506 S 3Rd St, Wilmington, NC 28401
      View Details
    • $1,600 /Mo
      856 SF

      Flexible Office/Retail Space Available

      Move-in ready office/retail space in prime Wilmington location.
      109 Hinton Ave Unit, Wilmington, NC 28403
      View Details
    • $545 /Mo
      200 SF

      Downtown Wilmington Executive Office Space

      Furnished office space in downtown Wilmington with flexible lease terms.
      404 N 3Rd St, Wilmington, NC 28401
      View Details
    • $1,500 /Mo
      841 SF

      Wilmington Office Space For Lease

      Private executive office space in prime Wilmington location.
      1901 Kent St Unit G, Wilmington, NC 28403
      View Details
    • $1,500 /Mo
      350 SF

      Unique Studio Space in Wilmington

      One-of-a-kind studio in the Cargo District for rent.
      707 S 16Th St, Wilmington, NC 28401
      View Details

    FAQs

    What type of property is this?
    Life science property - 30,000 SF Flex/R&D Space Available
    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 $9 SF/Yr.
    What are key features of this property?
    This property features: 30,000 SF industrial building available for lease.; New construction, delivery April 2025.; Flex/R&D space, divisible to 15,000 SF minimum.
    Request Owner's contact information
    2820 Us-421 Wilmington, NC 28401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2820 Us-421
    Wilmington, NC 28401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2820 Us-421 Wilmington, NC 28401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.