802 N 23rd St
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802 N 23rd St
214,427 SF Industrial Building Wilmington, NC 28405 $16,950,000 ($79/SF)
Executive Summary
For Sale: Rare opportunity for an owner/occupier in the Greater Wilmington area. 214,427 SF of front-load warehouse/distribution on 23rd Street in Airgate Logistics Center, in close proximity to Market Street/US Highway 17, MLK, Jr. Parkway, and Wilmington International Airport (ILM). This rail-served space has access to fourteen (14) dock high doors, two (2) 16' drive in doors and seven (7) rail doors. Full fire suppression system. Seller has conceptual plans for approximately 1,950 SF of additional office space that could be constructed, with 2,402 SF of existing office space also available.
Also offered For Lease at $5.95/SF NNN (TICAM estimated at $1.10/SF).
71,244 SF available January 1, 2025, with the additional 143,183 SF available on July 1, 2025.
Also offered For Lease at $5.95/SF NNN (TICAM estimated at $1.10/SF).
71,244 SF available January 1, 2025, with the additional 143,183 SF available on July 1, 2025.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $16,950,000 | Rentable Building Area | 214,427 SF |
| Price Per SF | $79 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1981 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Distribution | Clear Ceiling Height | 26 FT 6 IN |
| Building Class | B | No. Dock-High Doors/Loading | 14 |
| Lot Size | 13.00 AC | No. Drive In / Grade-Level Doors | 2 |
| Price | $16,950,000 |
| Price Per SF | $79 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 13.00 AC |
| Rentable Building Area | 214,427 SF |
| No. Stories | 1 |
| Year Built | 1981 |
| Tenancy | Single |
| Clear Ceiling Height | 26 FT 6 IN |
| No. Dock-High Doors/Loading | 14 |
| No. Drive In / Grade-Level Doors | 2 |
Amenities
- Signage
Utilities
- Lighting
- Water
- Sewer
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Fl - 100
- 143,183 SF
- Industrial
- -
- Jul 2025
- 1st Fl - 200
- 71,244 SF
- Industrial
- Spec Suite
- Jan 2025
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 100 | 143,183 SF | Industrial | - | Jul 2025 |
| 1st Fl - 200 | 71,244 SF | Industrial | Spec Suite | Jan 2025 |
1st Fl - 100
| Size |
| 143,183 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Jul 2025 |
1st Fl - 200
| Size |
| 71,244 SF |
| Space Use |
| Industrial |
| Condition |
| Spec Suite |
| Available |
| Jan 2025 |
1 of 1
PROPERTY TAXES
| Parcel Number | R04811-002-001-001 | Improvements Assessment | $2,604,500 (2023) |
| Land Assessment | $3,390,000 (2023) | Total Assessment | $5,994,500 (2023) |
PROPERTY TAXES
Parcel Number
R04811-002-001-001
Land Assessment
$3,390,000 (2023)
Improvements Assessment
$2,604,500 (2023)
Total Assessment
$5,994,500 (2023)
zoning
| Zoning Code | LI (Light Industrial) |
| LI (Light Industrial) |
-
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802 N 23rd St
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