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    107 Thomas Garst Ln Leland, NC 28451

    • Commercial real estate
    • 3.02 lot acres
    For Sale
    View listing
    $1,750,000
    Value Estimation
    Location Intelligence
    Property ID
    US53-1918401
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 107 Thomas Garst Ln

    Lot size
    3.02 lot acres
    Property type
    Commercial real estate
    APN
    038BC023

    Description

    This exceptional 3.02-acre commercial development site is strategically located in Leland, North Carolina, at the high-traffic intersection of Highways 17/74/76, Highway 133, and Village Road. Zoned T5, this property boasts excellent visibility and presents a prime opportunity for various commercial ventures, including retail, office, hospitality, or multi-family development. The site features approximately 260 feet of road frontage on Thomas Garst Lane, with municipal water and sewer readily available. A significant advantage is the existing double-sided billboard generating monthly income for the owner. Daily traffic counts on Highway 17/74/76 reach approximately 70,000 vehicles, ensuring high exposure for any development. The property's APN is 038BC023. This is a rare opportunity to acquire a highly visible and well-situated parcel in a rapidly growing area. The asking price is $1,750,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Leland
    County
    Brunswick
    State
    North Carolina
    Longitude
    -77.994704494266
    Latitude
    34.233385221673

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    Similar Nearby for Lease

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    107 Thomas Garst Ln
    Leland, NC 28451
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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
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