Industrial Land 31+/- Gross Acres For Sale

2846 U.S. Hwy 421 Wilmington, NC 28401

2846 U.S. Hwy 421, Wilmington, NC, 28401
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FOR SALE
Property Type:
Other Land
Amount:
$3,250,000
Last Verified:
May 09, 2025

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Description

Prime Industrial Land Available For Sale consisting of +/- 31.62 Gross Acres at 2846 Highway 421 in Wilmington, North Carolina. This industrial zoned property has an estimated +/- 16.25 usable acres cleared and ready for development after factoring in potential wetland and flood hazard areas.

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.

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, Hwys 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.

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 and Cape Fear and Brunswick Community Colleges 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.

Lot Size: 31.62 acres


Documents

2846 Highway 421_Wilmington_04.pdf
survey_lot_3.pdf

Map of 2846 U.S. Hwy 421, Wilmington, NC, 28401

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.