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    1120 Village Rd NE Leland, NC 28451

    For Sale
    $1,850,000

    8.9 acre commercial site in Leland, North Carolina.

    Property size:
    8 SF
    Lot size:
    8.93 Acres

    Property Features for 1120 Village Rd NE

    General Information

    Size
    8 SF
    Lot size
    8.93 Acres

    Source: Frank Efird Jr Agent Frank Efird Jr

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Leland NC Commercial Development Site

    This 8.9-acre commercial site is located in Leland, North Carolina, one of the fastest-growing towns in both North Carolina and the United States. Leland is the most populous town in Brunswick County, North Carolina, and has experienced a growth rate of over 100%, with 8,000 new homes permitted in the past decade. Brunswick County is part of the Wilmington, NC Metropolitan Statistical Area. The site, which presents a perfect scenario to develop a new commercial space, currently contains 34 lots with room to expand. Water, sewer, and power are available at the site. Water and sewer are provided by Brunswick Regional Water & Sewer- H2GO. The zoning is LE C-1. The median household income is $73,500. The property is located 2.5 miles from the US Hwy 17 / 74 / 76 intersection, 2.4 miles from I-140 Wilmington Bypass, and 5 miles from Downtown Historic Wilmington, NC.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Spa & Massage Building Supply Gym & Fitness Auto Repair Shop Skin Care Clinic Kitchen & Bath Daycare Center Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Leland
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.0310841
    Latitude
    34.2500189

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    FAQs

    What type of property is this?
    Commercial land - 8.9 acre commercial site in Leland, North Carolina.
    Where is this commercial land located?
    The property is located at 1120 Village Rd NE Leland, NC.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - High-growth location: Leland, NC, one of the fastest-growing towns in NC and the US.; - Development opportunity: **Perfect for developing a new commercial site** with 34 lots and room to expand.; - Utilities available: Water, sewer, and power are already at the site.
    (910) 200-0037
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    1120 Village Rd NE Leland, NC 28451
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    Leland, NC 28451
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1120 Village Rd NE Leland, NC 28451
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