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    503 Village Rd Leland, NC 28451

    Sponsored
    For Lease
    Contact for pricing

    Prime Leland location, two lots, mixed-use potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents two adjacent commercial lots totaling approximately 0.788 acres, ideally situated at 501 and 503 Village Road NE in Leland, North Carolina. Offered together for $240,000, this property boasts a prime location near the Leland Library, ensuring high visibility and accessibility. The Town of Leland designates the zoning as T4 Open, allowing for a flexible range of commercial or residential development possibilities. One lot measures 0.299 acres, while the adjacent lot encompasses 0.489 acres, providing ample space for various projects. The side-by-side configuration offers unique development potential, allowing for a cohesive and synergistic approach. This property is a blank canvas for an entrepreneur or developer seeking a strategic location in a thriving North Carolina community. The address is 503 Village Road, Leland, NC 28451, and the combined acreage presents a compelling investment opportunity in a rapidly growing area. The property is located in Brunswick County and is a single-tenant property, although the zoning allows for multiple uses. The total building square footage is 0, as this is a land sale.

    Property Features for 503 Village Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • Two adjacent commercial lots totaling 0.788 acres in Leland, NC, offered at $240,000.
    • Prime location near the Leland Library, ensuring high visibility and accessibility.
    • Zoned T4 Open, allowing flexible commercial or residential development.
    • Lots measure 0.299 and 0.489 acres respectively, offering ample space.
    • Located at 503 Village Road, Leland, NC 28451, in Brunswick County.
    • Land sale; no existing buildings (0 sq ft).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -78.0101583
    Latitude
    34.239757

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    FAQs

    What type of property is this?
    Land - Prime Leland location, two lots, mixed-use potential.
    Where is this land located?
    The property is located at 503 Village Rd Leland, NC.
    What are key features of this property?
    This property features: Two adjacent commercial lots totaling 0.788 acres in Leland, NC, offered at $240,000.; Prime location near the Leland Library, ensuring high visibility and accessibility.; Zoned T4 Open, allowing flexible commercial or residential development.
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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
    503 Village Rd Leland, NC 28451
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