Property profile

0 Mercantile Dr Leland, NC 28451

OFF-MARKET
Land
25 ac lot
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Property summary

AI-generated overview

This exceptional offering presents a unique opportunity to acquire industrial land parcels within the Leland Innovation Park, situated in Brunswick County, North Carolina. The property comprises multiple tracts ranging in size from approximately 5 to 165 acres, all zoned ID - Innovation District - Town of Leland. This allows for a variety of industrial development possibilities, catering to businesses seeking strategically located land for expansion or new construction. The total acreage available spans a significant range, providing flexibility for projects of varying scales. The location offers unparalleled access to major transportation arteries. The proximity to the intersection of I-140 (the Wilmington Bypass) and US Highway 74/76 ensures convenient connectivity to all areas of New Hanover and Brunswick Counties, facilitating efficient logistics and streamlined operations. This prime location within the Leland Innovation Park provides a compelling investment opportunity for businesses seeking a strategic foothold in a rapidly growing region of North Carolina. The available land parcels offer the potential for significant returns, making this an attractive proposition for developers and investors alike. The specific lot sizes and configurations are available upon request, allowing for tailored solutions to meet individual project requirements. This is a rare chance to secure a substantial land holding in a thriving industrial area with excellent infrastructure and accessibility. The address is Mercantile Dr NE, Leland, NC 28451.

Property profile

Verified
Property type Land
Lot 25 ac (1,089,000 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Mercantile Dr Leland, NC 28451
Leland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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