7190 Stella Dr NE, Leland, NC 28451
For Sale
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This exceptional 2,543,033 square foot parcel presents a remarkable opportunity for commercial development. Located at 7190 Stella Drive NE in Leland, North Carolina (zip code 28451), this 58.38-acre site boasts a highly desirable location directly on Highway 74/76, ensuring exceptional visibility and accessibility. Currently zoned CI (Commercial Intensive), the property is ideally suited for a wide range of commercial uses, including warehousing, storage, moving and repair services, distribution, wholesaling, marketing of specialty goods, and light manufacturing. While suitable for multi-family development, rezoning would be required. The property's strategic location offers convenient access to a variety of amenities, including numerous dining and shopping options, parks, and walking trails. The added benefit of being situated on a state-maintained road (Stella Road) provides peace of mind regarding infrastructure maintenance. This significant land holding presents a compelling investment opportunity for builders and developers seeking a high-impact location in a thriving area. The asking price is $1,600,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.