Property profile

101 Main St Leland, NC 28451

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 0.727-square-foot commercial land parcel presents a remarkable investment opportunity in the thriving Leland/Belville, NC area. Situated at the highly visible southeast corner of the River Road and US Highway 17 overpass, this property boasts an average daily traffic count of 85,000 vehicles on Highway 17 and 36,000 on River Road, ensuring maximum exposure for any development. The strategic location at the intersection of Main Street and River Road, just before the eastbound Highway 17 on-ramp towards Wilmington, provides unparalleled accessibility. Zoned CBD, the Town of Belville's comprehensive land use plan designates this site for up to 10,000 square feet of single-story office or retail space, making it ideal for medical facilities, general offices, or highway-oriented retail businesses. The property is accessible from Main Street and offers significant potential for high returns due to its prime location and substantial traffic flow. This is a rare opportunity to acquire a highly visible and strategically located commercial lot in a rapidly growing area. The asking price is $900,000.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

101 Main St 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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