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    Property profile & analytics

    1123 Clapboard Ln Leland, NC 28451-1979

    • Retail space
    • 18,750 SF
    • 3.39 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 19, 2020
    $5,470,500
    Location Intelligence
    Property ID
    US53-1491989
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 1123 Clapboard Ln

    Year built
    2021
    Lot size
    3.39 lot acres
    Property size
    18,750 SF
    Zone code
    C1
    Property type
    Retail space
    APN
    4600039
    APU
    4600039

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Leland
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.0646
    Latitude
    34.1976
    CBSA code
    34820
    CBSA name
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $1,474,650
    $3,481,020
    $4,955,670
    -
    $1,474,650
    $3,481,020
    $4,955,670

    Comparable in this City

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      7,896 SF

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    • Value Estimation by Request
      1,792 SF

      110 Navassa Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,792 SF
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    • Value Estimation by Request
      4,070 SF

      312 Vlg NE Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,070 SF
      312 Vlg NE Rd, Leland, NC 28451-7416
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    • Value Estimation
      $550,000
      2,146 SF

      1999 Mt Misery NE Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,146 SF
      1999 Mt Misery NE Rd, Leland, NC 28451-9067
      View Details
    • Value Estimation by Request
      2,000 SF

      141 Navassa Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      141 Navassa Rd, Leland, NC 28451-8291
      View Details
    • Value Estimation by Request
      7,920 SF

      107 Vlg NE Rd, Unit 7

      RETAIL STORES (PERSONAL SERVICES) • 7,920 SF
      107 Vlg NE Rd, Leland, NC 28451-7413
      View Details

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    Similar Nearby for Lease

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    1123 Clapboard Ln
    Leland, NC 28451-1979
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    Realmo Value Estimation

    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.

    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.

    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
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