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Property profile & analytics
OFF-MARKET
Life science properties

2820 Us-421 Wilmington, NC 28401

30,000 SF 4 ac lot Built 2024
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Life science properties
Year built 2024
Total area 30,000 SF
Lot 4 ac (174,240 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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