Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Brunswick County Leland, NC 28451
    Back to Search
    Property profile & analytics

    Brunswick County Leland, NC 28451

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

    Current Use by Public Records

    • Land

    Property Details for 0 Brunswick County

    Lot size
    14.60 lot acres
    Property type
    Land

    Description

    Exceptional 14.6-acre commercial land parcel in rapidly growing Brunswick County, NC, presents a unique investment opportunity. Strategically located in Belville (zip code 28451), this property boasts direct access to Highway 17 and Persimmon Road, ensuring high visibility and convenient access. The land is zoned Neighborhood Business, making it ideal for various commercial uses. The site comprises five parcels: one 1.28+/- acre parcel, one 9.43+/- acre parcel, one 1.40+/- acre parcel, one 2.25+/- acre parcel, and one 0.25+/- acre parcel. Brunswick County PIN numbers are 2250006306, 2400001202, 2250006308, 24000013, and 2250006305. This location benefits from the proximity to Novant Health's planned medical facility, capitalizing on the area's burgeoning healthcare sector. Brunswick County's position as the 31st fastest-growing county nationally further underscores the significant long-term growth potential of this exceptional property. This is a rare chance to acquire a substantial land holding in a high-demand area poised for continued expansion.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Leland
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.088
    Latitude
    34.2577

    Comparable in this City

    • Value Estimation by Request
      2,543,033 SF

      7190 Stella Dr

      Land • 2,543,033 SF
      7190 Stella Dr, Leland, NC 28451
      View Details
    • Value Estimation by Request
      26.64 Acres

      10118 Blackwell Rd

      Land • 26.64 Acres
      10118 Blackwell Rd, Leland, NC 28451
      View Details
    • Value Estimation by Request
      0.53 Acres

      40 Waterford Business Ctr Way

      Land • 0.53 Acres
      40 Waterford Business Ctr Way, Belville, NC 28451
      View Details
    • Value Estimation by Request
      2.47 Acres

      Carol Lynn Dr

      Land • 2.47 Acres
      0 Carol Lynn Dr, Leland, NC 28451
      View Details
    • Value Estimation by Request

      Tract A Leland School Rd

      Land
      0 Tract A Leland School Rd, Leland, NC 28451
      View Details
    • Value Estimation by Request
      0.53 Acres

      40 Waterford Business Ctr Way

      Land • 0.53 Acres
      40 Waterford Business Ctr Way, Belville, NC 28451
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Leland Vacant Land Opportunity

      1.74 acre vacant lot in Leland, North Carolina.
      4233 Mt Misery Rd NE, Leland, NC 28451
      View Details
    • $17,408,000
      348.00 Acres

      Expansive Land Tract in Leland, NC

      348-acre land tract with development potential near Wilmington and Leland.
      Mt Misery Rd NE, Leland, NC 28451
      View Details
    • $399,000
      35.00 Acres

      Vacant Land in Northwest, NC

      35 acres of vacant land for sale in Northwest, NC.
      Town Creek Rd NE, Northwest, NC 28451
      View Details
    • $75,000
      3.24 Acres

      Leland Land on Sturgeon Creek

      Wooded 3.24-acre lot on Sturgeon Creek in Leland, NC.
      Audrey St, 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
    • $55,000

      Half Acre Lot For Sale

      Half acre lot available in Grist Creek Run.
      8891 Millers Path, 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
    • Contact for pricing

      Leland Commercial Site For Lease

      Available for build-to-suit or ground lease in Leland, NC.
      Carol Lynn Dr NE, Leland, NC 28451
      View Details
    • Contact for pricing

      Leland Town Center Land Parcels

      Land parcels available for ground lease near Lowe’s in Leland.
      9441 Ploof Rd SE, Leland, NC 28451
      View Details
    • $1.00 SF/Yr

      Leland Corner Site For Lease

      Available for build-to-suit or ground lease in Leland, NC.
      Carol Lynn Dr, Leland, NC 28451
      View Details
    • Contact for pricing

      Land at Highway 17 Intersection

      Land for sale at the intersection of Blackwell Road.
      9720 Blackwell Rd SE, 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
    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.
    Brunswick County
    Leland, 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
    Brunswick County, Leland, 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!