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    122 Old Fayetteville Rd Leland, NC 28451

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    For Sale
    $475,000

    Unique multifamily property in Leland with development potential.

    Property size:
    2,526 SF
    Lot size:
    1.80 Acres

    Property Features for 122 Old Fayetteville Rd

    General Information

    Size
    2,526 SF
    Lot size
    1.80 Acres

    Source: Berkshire Hathaway HomeServices Carolina Premier Properties Agent Cynthia Wilkinson

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

    Overview

    Leland Multifamily Property on Acreage

    This 1.25-acre property, located in the heart of Leland, is zoned T-40 and T-4. It includes a 2,526 square foot home with 5 bedrooms and 4 bathrooms, along with two additional buildings or garages. The grounds feature live oak, pecan, and black walnut trees. The property offers dual ingress and egress from both Old Fayetteville Road and Woodburn Avenue (not publicly maintained). Sold As-Is, every surface and system requires some sort of repair or replacement, offering endless potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Leland
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.007142
    Latitude
    34.2359558

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    FAQs

    What type of property is this?
    Multifamily property - Unique multifamily property in Leland with development potential.
    Where is this multifamily property located?
    The property is located at 122 Old Fayetteville Rd Leland, NC.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - 1.25-acre property zoned T-40 and T-4 in the heart of Leland; - **5-bedroom, 4-bath home with two additional buildings/garages**; - Magnificent live oak, pecan, and black walnut trees
    (910) 233-2002
    Request Owner's contact information
    122 Old Fayetteville Rd 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
    122 Old Fayetteville Rd Leland, NC 28451
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