Property profile

15 Old River Rd Leland, NC 28451

OFF-MARKET
Commercial real estate
Property ID
US53-0920449
2.81 ac lot
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Property summary

AI-generated overview

This expansive 2.81-acre parcel located at 15 Old River Road in Leland, North Carolina presents a remarkable opportunity for discerning investors and developers. The property's substantial size offers significant potential for a variety of commercial ventures, allowing for creative and flexible development plans. Its location in Leland, a rapidly growing town, ensures strong future prospects and access to a thriving community. The property is classified as "Other" in terms of property type, suggesting a blank canvas for a bespoke development tailored to specific needs. The asking price is $2,850,000, reflecting the significant potential inherent in this prime piece of land. Given the size and location, this property is ideally suited for projects requiring ample space and visibility. Detailed site surveys and environmental assessments are recommended to fully understand the development possibilities. Interested parties are encouraged to conduct their due diligence to explore the full range of potential uses and to confirm the suitability of the land for their intended project. The absence of existing structures allows for complete design freedom, maximizing the potential return on investment. This is a rare opportunity to acquire a significant land holding in a dynamic and expanding market. Serious inquiries only.

Property profile

Verified
Property type Commercial real estate
Lot 2.81 ac (122,404 SF)
UPID US53-0920449

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

15 Old River Rd Leland, NC 28451
Leland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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