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    OFF-MARKET
    Commercial real estate

    15 Old River Rd, Leland, NC 28451

    2.81 ac lot
    Property ID
    US53-0920449
    Property summary
    AI-generated overview

    This expansive 2.81-acre parcel located at 15 Old River Road in Leland, North Carolina presents a remarkable opportunity for discerning investors and developers. The property's substantial size offers significant potential for a variety of commercial ventures, allowing for creative and flexible development plans. Its location in Leland, a rapidly growing town, ensures strong future prospects and access to a thriving community. The property is classified as "Other" in terms of property type, suggesting a blank canvas for a bespoke development tailored to specific needs. The asking price is $2,850,000, reflecting the significant potential inherent in this prime piece of land. Given the size and location, this property is ideally suited for projects requiring ample space and visibility. Detailed site surveys and environmental assessments are recommended to fully understand the development possibilities. Interested parties are encouraged to conduct their due diligence to explore the full range of potential uses and to confirm the suitability of the land for their intended project. The absence of existing structures allows for complete design freedom, maximizing the potential return on investment. This is a rare opportunity to acquire a significant land holding in a dynamic and expanding market. Serious inquiries only.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2.81 ac (122,404 SF)
    UPID US53-0920449
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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