114 Old Fayetteville RD, Leland, NC 28451
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$ 429,000
Est. payment | /mo

0.74 Acres Lot


Save
$ 429,000
Est. payment | /mo
Save

0.74 Acres Lot

Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Not In Subdivision

MLS Listing ID 100595764

HOA Y/N No

Lot Size 0.740 Acres

Acres 0.74

Property Sub-Type Unimproved Land

Source Hive MLS

Property Description

PRIME T-4O DEVELOPMENT OPPORTUNITY | OLD FAYETTEVILLE ROAD | LELAND, NC | $429,000

Rare opportunity to acquire ±0.724 acres of development land with approximately 345' of road frontage in the heart of rapidly growing Leland, NC. Located directly on heavily traveled Old Fayetteville Road, this property combines excellent visibility, convenient access and highly desirable T-4O General Urban Open zoning.

Offered at $429,000

Parcel ID: 038AA003
Property: Lots 3 & 4, Woodburn Development
Map Book: 4, Page 100
Acreage: ±0.724 Acres
Zoning: T-4O - General Urban Open
Approx. Land Area: 31,537 SF
Price/SF: Approx. $13.60

T-4O zoning provides excellent development flexibility and is intended to accommodate a combination of residential and commercial uses. Potential uses include multifamily/apartment development, office, retail, mixed-use, live/work, rowhouses, duplexes and flex building concepts, subject to applicable Town of Leland development standards and approvals.

The property is partially cleared, allowing a prospective developer, builder or investor to begin evaluating site development without the expense and time associated with clearing a heavily wooded parcel.

Location is a major advantage. The property is situated near Leland Town Hall, Founders Park and the new splash pad, with frontage along the Old Fayetteville Road corridor and convenient access to established neighborhoods, businesses and major transportation routes.

With continued residential and commercial growth throughout Leland and Brunswick County, this property offers an outstanding opportunity for an investor or developer seeking a smaller development site with versatile zoning in a high-growth market.

CLEARED • T-4O ZONING • ±0.724 ACRES • MULTIFAMILY & COMMERCIAL POTENTIAL • HIGH-VISIBILITY LELAND LOCATION

Offered at $429,000.

Buyer and buyer's agent to verify acreage, zoning, permitted uses, utilities, access, density, setbacks, parking, stormwater requirements, site-plan requirements and all applicable development and governmental approvals.

Location

State NC

County Brunswick

Community Not In Subdivision

Zoning Le-T-4O

Direction From Wilmington, take US 17 toward Leland. Take the first Leland exit and turn right ontyo Village Rd. Turn left on Old Fayetteville Road. Property will be on the right at 114 Old Fayetteville Road, Leland, NC 28451. Look for real estate sign.

Location Details Mainland

Exterior

Garage No

Building

Lot Description Open Lot, Cleared, Recreation Nearby, Shopping Nearby, Undeveloped

New Construction No

Others

Tax ID 038aa003

Special Listing Condition Standard

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors / Mountain Lakes Board of Realtors
Listed by Harris Realty & Land, LLC

Schools and Properties Nearby

Brad Moody

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114 Old Fayetteville RD