Property profile

319 Vlg NE Rd Leland, NC 28451

OFF-MARKET
Grocery and convenience stores
Property ID
US53-1582297
14,820 SF 1.84 ac lot Built 2004
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a retail building featuring an attractive brick façade. It is situated on a signalized intersection within a trade area and provides access to US Highway 74, which carries approximately 76,000 vehicles per day. The structure is configured for retail use.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2004
Total area 14,820 SF
Lot 1.84 ac (80,150 SF)
Zoning code T4O
APN 038AD004
UPID US53-1582297

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
  • Pharmacy
  • (Bike/Boat/Book/etc) Store
  • Pharmacy
  • Pharmacy
  • Atm

Location

319 Vlg NE Rd Leland, NC 28451-7417
Leland metro Census 20107 MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.09M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.85M

Owner & transaction history

since 2022
Last sale
$4.5M
5 recorded transactions
2022
$4.5M
2018
$4.3M
2017
$4.2M
2015
$4.1M
2005
$3.5M

Zoning & alternative use

T4O · Leland, NC
Top alternative use upside
Apartment house (5+ units) $3.3M +395.1%
Restaurant $2.6M +285.1%

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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