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2826 US Highway 421 15.35 Acres of Industrial Land Offered at $950,000 in Wilmington, NC 28401
Investment Highlights
- Strategic Location.
- Multiple driveways onto Highway 421, providing ingress and egress with access from all directions.
Executive Summary
This rare opportunity is located within The Yard, an expansive industrial park positioned in the heart of Wilmington’s booming Hwy 421 industrial corridor with convenient access to the NC State Port, Wilmington International Airport and Downtown Wilmington. The Yard is positioned along Highway 421, one mile south of I-140 which provides interconnectivity to I-40, HWY's 74/76 & Hwy 17. The well-connected road network provides efficient access to Raleigh, Charlotte, Jacksonville and Myrtle Beach and an approximate one-hour drive time to I-95.
Portions of The Yard are served on-site by dedicated CSX rail spurs and direct deep-water access to the Cape Fear River along with two driveways on Hwy 421 offering dual means of ingress and egress in and out of the park. The parcel is currently unimproved and subject to utility and access easements as part of The Yard's restrictions and covenants. In addition, the site falls under New Hanover County I-2 (Heavy Industrial) zoning district.
Strategically located along the eastern seaboard of North Carolina at the mouth of the Cape Fear River, Wilmington offers a skilled workforce and popular training programs through the University of North Carolina at Wilmington, Cape Fear Community College and Brunswick Community College while also attracting talent from the other nearby universities such as NC State, UNC Chapel Hill, Duke, etc. With its essential and robust infrastructure, supportive business climate and high quality of life, this opportunity makes it prime for new business, a relocation and/or expansion.
Property Facts Under Contract
| Price | $950,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Industrial |
| No. Lots | 1 | Total Lot Size | 15.35 AC |
| Zoning | I-2 - Industrial | ||
| Price | $950,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 15.35 AC |
| Zoning | I-2 - Industrial |
1 Lot Available
Lot
| Price | $950,000 | Lot Size | 15.35 AC |
| Price Per AC | $61,889.25 |
| Price | $950,000 |
| Price Per AC | $61,889.25 |
| Lot Size | 15.35 AC |
15.35 Gross acres, 6.75 usable.
Description
THE YARD is an expansive industrial park positioned in the heart of Wilmington NC’s booming Highway 421 industrial corridor. The phased redevelopment features close proximity to the NC State Port, Wilmington International Airport via Hwys 421 & 74/76 and Interstates I-40 & I-140. It is served on-site by a dedicated CSX rail spur and it has direct deep-water access to the Cape Fear River. This redevelopment currently offers existing available lots in various sizes for future industrial development making it an attractive option for industrial users of all sizes. The park is strategically designed with full tractor trailer circulation around the entire development and multiple driveways onto Highway 421, providing ingress and egress with access from all directions. The Yard is also conveniently located to all of the amenities of Downtown Wilmington.
Presented by
2826 US Highway 421
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