1343 Castle Hayne Road

Industrial for Sale
Catylist Listing ID: 30763264
Property Subtypes: Warehouse/Distribution, Other
Building Size (RSF): 14,500 SF
Gross Land Area: 2.75 Acres
Sale Price: $849,000
Unit Price: $58.55 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 14,500 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/7/2021

Overview / Comments

±14,500 square foot office/warehouse building located on ± 2.77 acres of land, zoned I-2 (Industrial) by New Hanover County, NC. Excellent location just off Castle Hayne Road & MLK Jr. Parkway, and less than a mile from both downtown Wilmington and ILM International Airport. A portion of the rear of the site is potential wetlands and in a floodplain. Originally constructed in 1920, the building contains approximately 1,500 SF of office space, with the remaining ± 13,000 SF in warehouse space. The building is equipped with both drive-in and dock high doors, in addition to several overhead doors that have been covered over but could be reestablished.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R04100-001-008-002
Zoning: I-2 INDUSTRIAL DISTRICT (NEW HANOVER COUNTY)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,420 39,892 100,019
Median Age: 35.9 33.51 34.98
Households: 653 17,636 42,656

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