Listing Agency: Cape Fear Commercial, LLC Show Phone

Listed By: Jason McLeod Show Phone

Source: Mullarkeycreg

Added: Nov 24, 2025 Changed: Sep 9 Last Checked: Oct 1 at 8:13AM

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Investment Insights

Based on property information with market context.

This 12.82-acre multifamily development site is located in the riverfront town of Belville, North Carolina, neighboring the rapidly growing coastal communities of Wilmington and Leland. The site offers convenient access to historic downtown Wilmington, local beaches, major retail and business corridors, and regional destinations. The property was previously approved for 160 multifamily units, comprised of a mix of one- and two-bedroom apartments. Its location places it in close proximity to Belville Riverwalk Park and Belville Elementary School, enhancing long-term residential appeal and development potential.

Key Highlights

• 12.82‑acre multifamily development site in Belville, NC.
• Previously approved for 160 multifamily units (mix of one- and two‑bedroom apartments).
• Convenient access to downtown Wilmington, local beaches, major retail, and business corridors.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

163

Businesses Nearby

Explore this area Business Placement

Demographics for 28451, NC

39,025

Population

19,672

Households

2

Avg Household Size

48

Median Age

34%

College-Educated

92%

High-School Grad

172.2 sq mi

ZIP Area

227

Density / Sq Mi

$77,380

Median Household Income

$41,164

Median Earnings

$1,465

Median Rent

$315,300

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - 12.82-acre multifamily development site in Belville, North Carolina.

Where is this residential land & home lot located?

The property is located at 245 River Rd SE Leland, NC.

What are key features of this property?

This property features: 12.82‑acre multifamily development site in Belville, NC.; Previously approved for **160 multifamily units** (mix of one- and two‑bedroom apartments).; Convenient access to downtown Wilmington, local beaches, major retail, and business corridors.