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OFF-MARKET
Retail properties & Spaces

Plantation Commercial Outparcels - Mallory Crk Winnabow, NC 28479

9.6 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Lot 9.6 ac (418,176 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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