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    Plantation Commercial Outparcels - Mallory Crk Winnabow, NC 28479

    Sponsored
    For Sale
    $2,400,000

    9.6 Acres Commercial Land, Leland, NC

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9.6-acre commercial outparcel is strategically located at the northwest entrance to the thriving Mallory Creek Plantation in Leland, North Carolina. Situated at the signalized intersection of River Road and Mallory Creek Drive, this property boasts unparalleled visibility and accessibility. The site, which can be subdivided into smaller parcels with seller approval, is ideally suited for a variety of commercial, retail, and professional uses. Benefitting from a strong existing customer base of over 3,000 homes within a three-mile radius, including the established Mallory Creek Plantation (700+ homes), Westport subdivision (435 homes), and the award-winning Brunswick Forest (2,000+ homes), this location offers significant growth potential. The property's direct linkage to these communities ensures a captive audience and ready market. The asking price is $2,400,000. Site plan and architectural approvals will be retained by the seller in the deed, streamlining the development process. This prime location in a rapidly growing suburban area of Wilmington, NC, presents a unique opportunity for investors seeking high-impact commercial development. Future growth in the immediate trade area is projected to add another 3,000 homes, further enhancing the property's long-term value and potential. The property's zoning and permitted uses should be independently verified.

    Property Features for Plantation Commercial Outparcels - Mallory Crk

    General Information

    Property type
    Land
    Lot Size
    418,176 SF

    HighLights

    • Corner commercial outparcel in rapidly growing Wilmington, NC suburb.
    • Excellent location for retail, office, or commercial use.
    • Signalized intersection access at Mallory Creek Drive and River Road.
    • Direct access to Brunswick Forest community.
    • Captive audience of 3,000+ existing homes.
    • Approved for 3,000 additional homes in the immediate trade area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Winnabow
    County
    Brunswick
    State
    North Carolina
    Longitude
    -77.998073
    Latitude
    34.182589

    Nearby Comparable

    • $2,400,000

      Land Near Mallory Creek Drive

      9.60 acres of land near Leland, Brunswick County, NC.
      Mallory Creek Dr, Winnabow, NC 28479
      View Details
    • $2,400,000
      9.60 Acres

      Winnabow, NC Commercial Land - $2.4M

      9.6 Acres, High-Growth Leland Location
      0 Mallory Creek Dr, Winnabow, NC 28479
      View Details
    • $4,320,000

      Commercial Land Near Mallory Creek

      18 acres of commercial land near Leland and Wilmington.
      1400 River Rd, Leland, NC 28451
      View Details
    • $359,990

      Brunswick Forest Townhome with Amenities

      Low-maintenance townhome with community amenities in Brunswick Forest.
      1177 Lillibridge Dr, Leland, NC 28451
      View Details

    FAQs

    What type of property is this?
    Land - 9.6 Acres Commercial Land, Leland, NC
    Where is this land located?
    The property is located at Plantation Commercial Outparcels - Mallory Crk Winnabow, NC.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: Corner commercial outparcel in rapidly growing Wilmington, NC suburb.; Excellent location for retail, office, or commercial use.; Signalized intersection access at Mallory Creek Drive and River Road.
    Request Owner's contact information
    Plantation Commercial Outparcels - Mallory Crk Winnabow, NC 28479
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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

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    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
    Plantation Commercial Outparcels - Mallory Crk Winnabow, NC 28479
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