Property summary
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.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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