298 Corporate DrWilmington, NC 28401

Property Details for 298 Corporate Dr

Lot size

28.16 AC

Property type

Industrial land

APN

2291-76-0289-0000

APU

22917602890000

Description

This exceptional 288,174-square-foot refrigerated/cold storage facility in Wilmington, NC, presents a unique investment opportunity. Situated on approximately 28.16 acres in Pender County, this single-tenant property boasts 45 loading docks with automated door locks, 50-foot ceilings, and ample office space (approximately 10,000 square feet). The facility is fully racked with turrets and features LED lighting on motion sensors. Security measures include a fenced, lit, and secured perimeter. Additional features include a 230-foot truck court with 45 trailer stalls, 54 reefer plugs (11 at the dock), and three multi-temperature chambers ranging from -10°F to 57°F. The building is equipped for USDA and FDA compliance, and includes a guard shack, locker room, maintenance room, and server room. Further office cubicles and lockers are available. The property's strategic location on the East Coast, within 700 miles of over 70% of the US industrial base, and its proximity to major I-95 corridors, makes it an ideal distribution hub. The facility includes approximately 400 pallet positions of blast-freezing capacity. This fully vacant property offers immediate occupancy.

• Alternative Use

  Use

  Valuation

  Residential

  $340,331,456

  Hospitality

  $311,741,792

  Educational

  $259,365,520

  Medical

  $268,285,488

  Retail

  $403,457,472

Location Insight

City

Wilmington

County

Pender

State

North Carolina

Latitude

34.3402

Longitude

-78.0159

CBSA code

48900

CBSA name

WILMINGTON, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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