1628 Leland School Rd. NE Land/Development
  • Asking Price
    $695KAsking Price
  • Price/Acre
    $151KPrice/Acre
  • Property Type
    LandProperty Type
  • Acres
    ~4.60 acAcres
  • Highest & Best Use
    Multifamily…Highest & Best Use
  • Zoning
    R-6Zoning

Description

1628 Leland School Road NE offers approximately 4.6 gross acres in Leland, North Carolina, for $695,000, or approximately $151,087 per acre. The property is zoned R-6 Medium Density Residential, supporting evaluation for multifamily or townhome development subject to buyer verification, engineering, and applicable governmental approvals.

The site is positioned in a growing residential corridor with convenient access to US Highway 17, Interstate 140, downtown Wilmington, area employment centers, schools, retail, and the North Carolina coast. Its infill location and residential zoning make it a compelling value-in-land opportunity for builders and investors seeking exposure to the expanding Wilmington–Leland market.

Existing improvements include a single-family residence, garage, and mobile home, all of which convey as-is. The seller is completing a formal wetland delineation to help establish the net usable high ground; therefore, developable acreage and potential unit yield remain subject to the completed delineation, site planning, engineering, permitting, and buyer due diligence.

Contact the listing team for offering materials and the latest available due-diligence information.

Offering Summary

  • Asking Price
    $695,000
  • Price/Acre
    $151,087
  • Property Type
    Land
  • Properties
    1
  • Total Acres
    ~4.60 ac

Documents

Property Address

1628 Leland School Rd. NE
Leland, NC 28451

Property Details

  • Property Type
    Land/Development
  • Acres
    4.60
  • Zoning
    R-6
  • Highest & Best Use
    Multifamily / Townhome Development
  • APN
    218812767580

Deal Team

Frank Efird profile image

Frank Efird

Managing Director
SVN Efird Commercial Real Estate