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2815 Princess Place Dr - 23rd Street Business Park 87.06 Acres of Commercial Land Offered at $13,680,016 CAD in Wilmington, NC 28405
INVESTMENT HIGHLIGHTS
- The property is well-suited for a wide range of uses, including industrial, distribution, warehouse, retail, and general office.
- Convenient access to I-40, I-140, and US Highway 74/76.
EXECUTIVE SUMMARY
Cape Fear Commercial is pleased to present this investment opportunity: three undeveloped parcels totaling ±87.07 acres located off N 23rd Street in northern Wilmington, North Carolina.
The subject is positioned adjacent to Atlantic Packaging, Cinespace Studios, and FedEx, benefitting from strong commercial and residential growth in the corridor between Princess Place and Wrightsboro. The property offers excellent connectivity, situated just north of Historic Downtown Wilmington and within close proximity to Wilmington International Airport.
The subject is positioned adjacent to Atlantic Packaging, Cinespace Studios, and FedEx, benefitting from strong commercial and residential growth in the corridor between Princess Place and Wrightsboro. The property offers excellent connectivity, situated just north of Historic Downtown Wilmington and within close proximity to Wilmington International Airport.
PROPERTY FACTS
| Price | $13,680,016 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 87.06 AC |
| Zoning | LI - Light Industrial | ||
| Price | $13,680,016 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 87.06 AC |
| Zoning | LI - Light Industrial |
1 LOT AVAILABLE
Lot
| Price | $13,680,016 CAD | Lot Size | 87.06 AC |
| Price Per AC | $157,133.20 CAD |
| Price | $13,680,016 CAD |
| Price Per AC | $157,133.20 CAD |
| Lot Size | 87.06 AC |
Land for sale
DESCRIPTION
The property has convenient access to I-40, I-140, and US Highway 74/76, and is near major demand drivers such as North Kerr Industrial Park (home to the new FedEx distribution center), the Port of Wilmington, and several recently developed commercial and residential communities. A planned NCDOT roadway connecting N 23rd Street to N 26th Street will further enhance access and traffic flow around the site and surrounding businesses.
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $7,617,621 CAD | Total Assessment | $7,617,621 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$7,617,621 CAD
Improvements Assessment
$0 CAD
Total Assessment
$7,617,621 CAD
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2815 Princess Place Dr - 23rd Street Business Park
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