2221 N. 23rd Street

Industrial for Sale
Catylist Listing ID: 29899676
Property Subtypes: Manufacturing
Building Size (RSF): 292,353 SF
Gross Land Area: 34.78 Acres
Sale Price: $10,250,000
Unit Price: $35.06 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 292,353 SF
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 11/20/2017

Overview / Comments

2221 N. 23rd Street is unique to the Greater Wilmington area; it is zoned AI (Airport Industrial) and is one of the largest buildings in New Hanover County. Formerly occupied by International Paper, this facility is comprised of 292,352 SF (Warehouse SF: 283,500 SF & Office SF: 8,853 SF) with a building height of 22' & Clear Height of 17'1'' - 19'7'' and is situated on 15.78 acres with a fully fenced in lay-down yard. It is conveniently located off of the Martin Luther King Jr. Parkway and within close proximity to Wilmington International Airport, Downtown Wilmington, and Highways 133, 17, 74/76, 421, & I-40. Sale includes PID R04807-001-006-002, an additional 19 acres of land behind building.

DIRECTIONS: Located on the corner of N 23rd Street and JR Kennedy Drive.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: 312815.53.7890.000
Zoning: NEW HANOVER COUNTY: AI
Site Description: IN CITY LIMITS: Yes
Year Built: 1959
Interior Description: Min Divisible USF: 292353

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,850 49,804 117,423
Median Age: 34.32 33.35 35.67
Households: 2,848 23,194 50,280
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