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    FOR SALE
    Commercial real estate

    7190 Stella Dr NE, Leland, NC 28451

    2,543,033 SF
    Property ID
    US53-1344733
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 2,543,033 SF
    UPID US53-1344733
    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
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    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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