12.3 Acres Leland, NC

Vacant Land for Sale
Catylist Listing ID: 30453057
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
Gross Land Area: 12.30 Acres
Sale Price: $889,000 - 989,000
Unit Price: $72,276 - 80,406 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/15/2019

Overview / Comments

This property has great visibility with a half mile road frontage. and good depth. This commercial property is high and dry, water and sewer is available, access from east and west-bound traffic. This property has a high traffic count with two North Carolina Strategic Traffic Corridors bringing coastal traffic to nearby beaches from Charlotte, Greensboro, Fayetteville, and Raleigh-Durham-Chapel Hill. This is the fastest growing area in NC with new housing developments and large employers nearby.12.3+/- Acre tract on Highway 74/76 located in “North Carolina Opportunity Zone” with one income producing double sided IBC Wind Load Billboard offering visibility in both directions with traffic counts over 40,000 cars per day. The property offers 2,330 feet of road frontage on Highway 74/76. This property is located in Brunswick County with close proximity to the North Carolina Logistics Park and the Mid-Atlantic Industrial Rail Park. A preliminary site plan is available reflecting utility easements & access points to Hwy 74/76. There is close proximity to water and sewer access. The existing billboard is 10 ft. tall by 36 ft. wide and could be converted to a Tri-Vision. 7.53 to 12.99 additional acres also available and contiguous to this site. Please call listing broker for more information.
$989,000, $889,000 if seller retains Billboard and deeded service easement.

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Taxing Authority: Town of Sandy Creek
Tax ID/APN: 0140001408
Property Located Between: Compass Pointe and Leland Industrial Park
Property Visibility: Excellent
Legal Description: TR-2 12.30 ACRES PLAT 63/80 US 74-76 2330x230x2330x230
Largest Nearby Street: Andrew Jackson Hwy
Feet of Frontage: 2,330
Traffic/Vehicle Count: 40,000
Highway Access: Several access points, roads, and medians.
Airports: Wilmington International Airport
Site Description: Great site for any development. Great visibility, water and sewer available, level, good dirt.
Area Description: Fast growing area, increasing property values, university, community colleges, and trade schools nearby. Major film studio and active arts community.
Lot Frontage: 2330'
Lot Depth: 230'
Zoning Description: Commercial
Topography: Level
Easements: Electric Lines, Ingress/Egress, Utilities
Easements Description: Utility
Available Utilities: Water, Sewer

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,238 8,730
Median Age: 41.46 35.5
Households: 475 3,408
The information presented herein is provided as is, without warranty of any kind. Neither Cape Fear REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.