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    Mallory Creek Dr Winnabow, NC 28479

    Sponsored
    For Sale
    $2,400,000

    9.6 Acres, High-Growth Leland Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 9.6-acre commercial land parcel in Leland, North Carolina, presents a compelling investment opportunity. Located on Mallory Creek Drive in Brunswick County, the property boasts a prime location within a rapidly expanding residential area. The site benefits from its proximity to established communities, including Mallory Creek Plantation (600 homes), Brunswick Forest (1,250 homes, with an average of 250 lots sold annually, totaling 3,000 sold lots), and Westport (435 homes). This strategic positioning ensures high visibility and accessibility. The property is zoned LE-PUD, a Planned Unit Development, allowing for a diverse range of commercial, residential, retail, and recreational uses. Further enhancing its appeal, a traffic signal is slated for installation at the intersection of Highway 133 and Mallory Creek Drive, significantly improving traffic flow and visibility. The projected population growth rate within a one-mile radius is a substantial 13.9% through 2019, indicating strong future demand. The site's connectivity with Brunswick Forest adds to its development potential. With daily traffic counts on River Road exceeding 18,000 vehicles in 2012, this property offers outstanding visibility and access to a large consumer base. The APN is 24290641. This is a rare opportunity to acquire a significant land parcel in a high-growth area with excellent development potential.

    Property Features for 0 Mallory Creek Dr

    General Information

    Property type
    Land
    Lot Size
    418,176 SF

    HighLights

    • $2,400,000 asking price.
    • 9.6‑acre commercial land parcel.
    • LE‑PUD zoning (Residential, commercial, retail, and recreational uses allowed).
    • Located at Mallory Creek Dr, Leland, NC 28479 (APN 24290641).
    • High visibility; adjacent to established residential communities and major roadways with high traffic counts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Winnabow
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.0020015
    Latitude
    34.1858795

    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

      Mallory Creek Plantation Outparcels

      9.6 Acres Commercial Land, Leland, NC
      Plantation Commercial Outparcels - Mallory Crk, 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
    • $1,100,000

      Waterford Business Center Land Parcel

      1.38 acre commercial land in Leland, North Carolina.
      30 Waterford Business Ctr Way, Belville, NC
      View Details

    FAQs

    What type of property is this?
    Land - 9.6 Acres, High-Growth Leland Location
    Where is this land located?
    The property is located at Mallory Creek Dr 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: $2,400,000 asking price.; 9.6-acre commercial land parcel.; LE-PUD zoning (Residential, commercial, retail, and recreational uses allowed).
    Request Owner's contact information
    Mallory Creek Dr 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

    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
    Mallory Creek Dr Winnabow, NC 28479
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