0 Carol Lynn Dr, Leland, NC 28451
This exceptional 2.47-acre commercial land parcel (107,593 square feet) is situated in the thriving Ibis Landing submarket cluster of Leland, NC, within the Wilmington MSA. Located at the corner of Ocean Highway E (29,500 vehicles per day) and Carol Lynn Dr NE, this property offers unparalleled visibility and accessibility. Zoned C-LD (Brunswick County), it presents a unique opportunity for ground lease or build-to-suit development. The site benefits from direct access to Ocean Highway E and proximity to the Carol-Lynn Estates housing development, capitalizing on Leland's explosive growth. Leland is consistently ranked among the fastest-growing towns nationally, with population projections indicating a tripling by 2045, fueled by planned construction of 6,700 new homes. This strategic location near downtown Wilmington and area beaches ensures high traffic volume and strong potential for future development. The property's size and location make it ideal for a variety of commercial uses, offering significant long-term investment potential in one of North Carolina's most dynamic markets. The zip code is 28451.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.