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    9720 Blackwell Rd Leland, NC 28451

    For Sale
    $1,100,000

    9.28 acres, prime C2 zoning, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 9.28-acre commercial land parcel presents a remarkable development opportunity in Leland, North Carolina. Strategically located at the intersection of Blackwell Road and US Highway 17, this property enjoys exceptional visibility and accessibility. Its prime location is directly across from the Waterford of the Carolinas development, ensuring a thriving and growing surrounding community. The property is zoned C2, allowing for a variety of commercial uses, including multi-family and retail developments. Existing infrastructure includes established ditch systems, simplifying development planning. Utilities and convenient access are readily available via Blackwell Road, which offers a right-in/right-out configuration onto US Highway 17. Aerial imagery clearly illustrates the high traffic volume and significant potential for commercial success. The property's APN is 0380000103. This is a rare chance to acquire a substantial tract of land in a rapidly expanding area, poised for significant return on investment. The asking price for this exceptional property is $1,100,000. Don't miss this opportunity to secure a prime location for your next commercial venture.

    Property Features for 9720 Blackwell Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    404,237 SF

    HighLights

    • $1,100,000 asking price for 9.28 acres of land.
    • Multi‑family and retail permitted zoning (C2).
    • Located at 9720 Blackwell Rd SE, Leland, NC 28451, at the intersection of Blackwell Road and US Hwy 17.
    • Brunswick County, NC APN: 0380000103.
    • Existing ditch systems; utilities and access from Blackwell Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    High-rise multifamily apartments

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -78.012264705796
    Latitude
    34.219986906605

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    FAQs

    What type of property is this?
    Multifamily property - 9.28 acres, prime C2 zoning, high traffic.
    Where is this multifamily property located?
    The property is located at 9720 Blackwell Rd Leland, NC.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: $1,100,000 asking price for 9.28 acres of land.; Multi-family and retail permitted zoning (C2).; Located at 9720 Blackwell Rd SE, Leland, NC 28451, at the intersection of Blackwell Road and US Hwy 17.
    (910) 399-4602
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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
    9720 Blackwell Rd Leland, NC 28451
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