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    Tract A Leland School Rd Leland, NC 28451

    Sponsored
    For Sale
    $350,000

    2.04 Acres, Commercial/Residential Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.04-acre commercial land parcel presents a unique investment opportunity in Leland, North Carolina. Located off Leland School Road, near Mt. Misery Road, this mostly cleared lot offers significant development potential. While featuring heavy undergrowth, the property's accessibility and location are key advantages. The seller indicates the presence of water and sewer lines, simplifying infrastructure considerations for future projects. A detailed map outlining the exact boundaries of Tract A is available upon request. The property's zoning designation is Commercial Low Density, providing flexibility for a range of uses. This zoning allows for both residential and commercial development, opening doors to various possibilities. Potential projects could include single-family homes, modular homes, multi-family dwellings, or commercial ventures such as offices or a variety of other businesses. The asking price for this versatile property is $350,000. Its prime location and flexible zoning make it an attractive proposition for investors and developers seeking a foothold in the growing Leland market. The property is situated in Brunswick County, North Carolina, and has a zip code of 28451. Geographic coordinates are 34.2589217 latitude and -78.0498797 longitude.

    Property Features for 0 Tract A Leland School Rd

    General Information

    Property type
    Land

    HighLights

    • 2.04‑acre commercial land parcel in Leland, NC.
    • Located off Leland School Road, near Mt. Misery Road.
    • Mostly cleared lot with readily available water and sewer.
    • Commercial Low Density zoning allows for residential and commercial development.
    • Asking price: $350,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Leland
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.0498797
    Latitude
    34.2589217

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    FAQs

    What type of property is this?
    Land - 2.04 Acres, Commercial/Residential Potential
    Where is this land located?
    The property is located at Tract A Leland School Rd Leland, NC.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 2.04-acre commercial land parcel in Leland, NC.; Located off Leland School Road, near Mt. Misery Road.; Mostly cleared lot with readily available water and sewer.
    Request Owner's contact information
    Tract A Leland School Rd 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
    Tract A Leland School Rd Leland, NC 28451
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