2830 US Highway 421 N

Industrial for Sale
Sale Pending
Also listed as Vacant Land
Catylist Listing ID: 30275064
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution, Other
Status: Pending
Building Size (RSF): 142,000 SF
Gross Land Area: 80.32 Acres
Sale Price: $3,990,000
Unit Price: $28.10 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Usable Size (USF): 142,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/22/2022

Overview / Comments

Previously a metals recycling site, this 80.32 +/- AC river front tract with dock contains approximately 57 acres of uplands. The entire parcel is zoned I-2 (Heavy Industrial) by New Hanover County. The site contains five buildings totaling 142,000 +/- square feet under roof. Approximately 44,500 SF of the large warehouse is currently leased to a building supply company (lease details by request). The site is well situated on US Highway 421 N, just west of downtown Wilmington. The property is serviced by CSX rail lines, and Duke/Progress Energy supplies electricity to the site through a customer owned, 115Kv. x 4.16Kv. substation. A 70 foot long Toledo Truck Scale is the only personal property included with the sale of the real estate. A car shredder and other on-site equipment is also available for purchase.


Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R04000-003-013-000
Zoning: I-2

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 18,759 73,185
Median Age: 36.78 35.31
Households: 7,744 32,826


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