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    Mt Misery Rd Leland, NC 28451

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    For Sale
    $15,601,250

    124 +/- acres near I-140 bypass, development potential.

    Lot size:
    124.81 Acres

    Property Features for Mt Misery Rd

    General Information

    Lot size
    124.81 Acres
    Source: Moodyscre

    Listing Agent: James Wicker

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

    Overview

    Navassa/Leland Area Land Opportunity

    This property offers a significant land opportunity in the Navassa/Leland area, encompassing 124 +/- acres. Situated just off the I-140 bypass on Mt Misery Road, the site benefits from adequate road frontage. Water is available along Mt Misery Road. Currently zoned for heavy industrial use, the property presents the possibility of rezoning to accommodate various uses.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Leland
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.0488169
    Latitude
    34.274666

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    FAQs

    What type of property is this?
    Land - 124 +/- acres near I-140 bypass, development potential.
    Where is this land located?
    The property is located at Mt Misery Rd Leland, NC.
    What is the asking price?
    The asking price for this property is $15,601,250.
    What are key features of this property?
    This property features: - Large acreage: 124 +/- acres provides ample space for development.; - Strategic location: Situated off I-140 bypass, offering convenient access.; - Rezoning potential: Currently zoned heavy industrial, but possibility to rezone for various uses.
    (919) 770-1665
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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
    Mt Misery Rd Leland, NC 28451
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