Property profile

120 Baldwin Dr Leland, NC 28451

OFF-MARKET
High-rise multifamily apartments
Property ID
US53-2767716
27,930 SF 2.23 ac lot Built 2019
Entity Owned 5-yr Hold
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Property profile

Verified
Property type High-rise multifamily apartments
Use group HIGH-RISE APARTMENTS
Year built 2019
Construction WOOD
Total area 27,930 SF
Lot 2.23 ac (97,139 SF)
Zoning code T4O
APN 038BB02610
UPID US53-2767716

Cap rate & NOI

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

Location

120 Baldwin Dr Leland, NC 28451-1936
Leland metro Census 20108 MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.90M
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.05M
Blend (final) Blend
$6.65M

Owner & transaction history

since 2021
Last sale
$6.8M
3 recorded transactions
2024
Price N/A
2021
$6.8M
2021
Price N/A

Zoning & alternative use

T4O · Leland, NC
Top alternative use upside
Restaurant $7.7M +69.3%
Retail stores $6.4M +41.4%
Office building $6.3M +39.7%

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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