Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3949 Blue Banks Loop Rd Northwest, NC 28451
    Back to Search
    Property profile & analytics

    3949 Blue Banks Loop Rd Northwest, NC 28451

    View on Map
    • Land
    • 442.14 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3949 Blue Banks Loop Rd

    Lot size
    442.14 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 442.14-acre property in Leland, North Carolina, presents a remarkable opportunity for large-scale residential development. Located in Brunswick County, less than 20 miles from Wilmington, NC, this expansive parcel is zoned LI and offers significant potential for substantial returns. The majority of the land is cleared, simplifying the development process. While sewer facilities are approximately 1.5 miles away and extendable, water access is conveniently located near the front entrance. This strategic location combines the tranquility of a rural setting with proximity to the amenities and growth of Wilmington. The property's size and zoning allow for a wide range of development options, catering to the increasing demand for residential properties in this desirable area. The two associated APNs are 00500016 and 0050001722. The asking price for this significant landholding is $45,000,000. Detailed information is available upon request. This is a unique chance to capitalize on the burgeoning real estate market in a rapidly growing region of North Carolina.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Northwest
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.1271
    Latitude
    34.3512

    Comparable in this City

    • Value Estimation by Request
      108.00 Acres

      Cedar Hill Rd

      Land • 108.00 Acres
      0 Cedar Hill Rd, Leland, NC 28451
      View Details
    • Value Estimation by Request
      25.00 Acres

      Mercantile Dr

      Land • 25.00 Acres
      0 Mercantile Dr, Leland, NC 28451
      View Details
    • Value Estimation by Request
      124.81 Acres

      Mt Misery Rd

      Land • 124.81 Acres
      0 Mt Misery Rd, Leland, NC 28451
      View Details
    • Value Estimation by Request
      80.00 Acres

      2081 Maco Rd

      Land • 80.00 Acres
      2081 Maco Rd, Leland, NC 28451
      View Details
    • Value Estimation by Request
      9.28 Acres

      9720 Blackwell Rd

      Multifamily properties • 9.28 Acres
      9720 Blackwell Rd, Leland, NC 28451
      View Details
    • Value Estimation by Request
      20.98 Acres

      760 Village Rd

      Land • 20.98 Acres
      760 Village Rd, Leland, NC 28451
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Grist Creek Run Land Lot

      Land lot available in Grist Creek Run, Leland, North Carolina.
      8885 Millers Path, Leland, NC 28451
      View Details
    • Contact for pricing

      Land Parcel in Leland

      Land parcel connected to municipal water and sewer.
      108 King Moore Rd, Leland, NC 28451
      View Details
    • $55,000

      Half Acre Lot For Sale

      Half acre lot available in Grist Creek Run.
      8891 Millers Path, Leland, NC 28451
      View Details
    • $1,150,000
      6.48 Acres

      Leland Land with Creek Frontage

      6.48-acre land with creek frontage near Brunswick Forest.
      375 Wolfridge Rd NE, Leland, NC 28451
      View Details
    • $159,000
      5.08 Acres

      Leland Wooded Land Opportunity

      5.08 acres of wooded land near Leland and Wilmington.
      7058 Healy Hvn Ln NE, Leland, NC 28451
      View Details
    • $45,000
      0.90 Acres

      Wooded Lot Near Wilmington

      Undeveloped land with easy access to nearby cities.
      9 Ac Colon Mintz Rd, Leland, NC 28451
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Leland School Road Commercial Land

      2.04-acre commercial lot, ready to develop.
      0 Tract A Leland School Rd, Leland, NC 28451
      View Details
    • $9 SF/Yr

      Warehouse/Distribution Class A Space

      First generation Class A warehouse/distribution space available for lease.
      1335 Cedar Hill Rd, Leland, NC 28451
      View Details
    • Contact for pricing
      5,000 SF

      Leland Warehouse with Fenced Yard

      5,000 SF warehouse with fenced laydown yard for rent.
      9600 Ploof Rd, Leland, NC 28451
      View Details
    • $10 SF/Yr
      284,580 SF

      International Commerce Center, Leland NC

      50,220 SF Class A Manufacturing Space
      3811 Int'l Blvd, Leland, NC 28451
      View Details
    • Contact for pricing
      21,000 SF

      Flex Space in Leland, NC

      21,000 SF flex building delivering in 2026.
      2000 Mercantile Dr, Leland, NC 28451
      View Details
    • Contact for pricing
      56,700 SF

      New Class A Warehouse Space

      First generation warehouse/distribution space with excellent access and modern amenities.
      1335 Cedar Hill Rd, Navassa, NC 28451
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3949 Blue Banks Loop Rd
    Northwest, NC 28451
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3949 Blue Banks Loop Rd, Northwest, NC, 28451
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!