503 Village Rd, Leland, NC 28451
This exceptional investment opportunity presents two adjacent commercial lots totaling approximately 0.788 acres, ideally situated at 501 and 503 Village Road NE in Leland, North Carolina. Offered together for $240,000, this property boasts a prime location near the Leland Library, ensuring high visibility and accessibility. The Town of Leland designates the zoning as T4 Open, allowing for a flexible range of commercial or residential development possibilities. One lot measures 0.299 acres, while the adjacent lot encompasses 0.489 acres, providing ample space for various projects. The side-by-side configuration offers unique development potential, allowing for a cohesive and synergistic approach. This property is a blank canvas for an entrepreneur or developer seeking a strategic location in a thriving North Carolina community. The address is 503 Village Road, Leland, NC 28451, and the combined acreage presents a compelling investment opportunity in a rapidly growing area. The property is located in Brunswick County and is a single-tenant property, although the zoning allows for multiple uses. The total building square footage is 0, as this is a land sale.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.