Property profile

1220 Magnolia Vlg Way Leland, NC 28451

OFF-MARKET
Medical Office Space
Property ID
US53-3848756
7,515 SF 1.28 ac lot Built 2016
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2016
Total area 7,515 SF
Lot 1.28 ac (55,757 SF)
Zoning code PUD
APN 470004608
UPID US53-3848756

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Medical Clinic
  • Medical Clinic
  • Physician Medical Clinic
  • Physician Medical Clinic

Location

1220 Magnolia Vlg Way Leland, NC 28451-9464
Leland metro Census 20105 MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$980k
Comparable Approach Comparable
$802k
Blend (final) Blend
$890k

Owner & transaction history

Zoning & alternative use

PUD · Leland, NC
Zoning description

The PUD Planned Unit Development District is established for the purpose of permitting greater flexibility than would normally be allowed in a particular residential district in the area, yard, space, height and density…

General category PLANNED_DEVELOPMENT
Top alternative use upside
Restaurant $1.3M +124.1%
Commercial (general) $1.2M +106.1%
Office building $910,000 +55.3%

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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