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Property profile

0 Mallory Creek Dr Winnabow, NC 28479

OFF-MARKET
Land
9.6 ac lot
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Property summary

AI-generated overview

This exceptional 9.6-acre commercial land parcel in Leland, North Carolina, presents a compelling investment opportunity. Located on Mallory Creek Drive in Brunswick County, the property boasts a prime location within a rapidly expanding residential area. The site benefits from its proximity to established communities, including Mallory Creek Plantation (600 homes), Brunswick Forest (1,250 homes, with an average of 250 lots sold annually, totaling 3,000 sold lots), and Westport (435 homes). This strategic positioning ensures high visibility and accessibility. The property is zoned LE-PUD, a Planned Unit Development, allowing for a diverse range of commercial, residential, retail, and recreational uses. Further enhancing its appeal, a traffic signal is slated for installation at the intersection of Highway 133 and Mallory Creek Drive, significantly improving traffic flow and visibility. The projected population growth rate within a one-mile radius is a substantial 13.9% through 2019, indicating strong future demand. The site's connectivity with Brunswick Forest adds to its development potential. With daily traffic counts on River Road exceeding 18,000 vehicles in 2012, this property offers outstanding visibility and access to a large consumer base. The APN is 24290641. This is a rare opportunity to acquire a significant land parcel in a high-growth area with excellent development potential.

Property profile

Verified
Property type Land
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

Location

Mallory Creek Dr Winnabow, NC 28479
Winnabow metro
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Value estimations

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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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