Property profile

9720 Blackwell Rd Leland, NC 28451

OFF-MARKET
Retail properties & Spaces
9.28 ac lot
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Property summary

AI-generated overview

This exceptional 9.28-acre commercial land parcel presents a remarkable development opportunity in Leland, North Carolina. Strategically located at the intersection of Blackwell Road and US Highway 17, this property enjoys exceptional visibility and accessibility. Its prime location is directly across from the Waterford of the Carolinas development, ensuring a thriving and growing surrounding community. The property is zoned C2, allowing for a variety of commercial uses, including multi-family and retail developments. Existing infrastructure includes established ditch systems, simplifying development planning. Utilities and convenient access are readily available via Blackwell Road, which offers a right-in/right-out configuration onto US Highway 17. Aerial imagery clearly illustrates the high traffic volume and significant potential for commercial success. The property's APN is 0380000103. This is a rare chance to acquire a substantial tract of land in a rapidly expanding area, poised for significant return on investment. The asking price for this exceptional property is $1,100,000. Don't miss this opportunity to secure a prime location for your next commercial venture.

Property profile

Verified
Property type Retail properties & Spaces
Lot 9.28 ac (404,237 SF)

Cap rate & NOI

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

Location

9720 Blackwell Rd 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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