66+ Acres in Leland

Vacant Land for Sale
Catylist Listing ID: 30701302
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Self Storage
Gross Land Area: 66.26 Acres
Sale Price: $1,500,000
Unit Price: $22,638 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/6/2021

Overview / Comments

Attention Developers!! Amazing opportunity to own over 66 acres of prime property. With over 1700 ft of road frontage on Hwy 74/76 and Saw Mill Rd., this partially cleared property is ready for your project. Located just minutes from historic downtown Wilmington, this property is approximately 20 minutes from most area beaches and 45 minutes from Myrtle Beach. Property is also near several other large housing developments including Windsor Park and Compass Pointe as well as major employers in the area. Water lines run along Saw Mill Rd. A High Pressure Force Main runs along 74/76 (Andrew Jackson Highway). There is a utility easement along the rear of the property. Can get approximately 2.9 units/ac. for a major subdivision.

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Tax ID/APN: 0150003404
Zoning: RR
Property Located Between: 74/76 & Saw Mill
Property Visibility: Excellent
Legal Description: TR-3 66.26 AC PL 55/85 SR1425&US74-76
Largest Nearby Street: 74/76
Feet of Frontage: 1,776
Highway Access: Property has frontage along 74/76 and Saw Mill Rd.
Site Description: This beautiful property has frontage along 74/76 as well as Saw Mill Rd. A small amount of the front of the property is in the flood zone. Property also has some wetlands. However, there's plenty of property left for development.
Area Description: Property is located approximately 10 miles outside of Wimington. Property is located just past the intersection of Hwy 87 and 74/76 on the right. Property is about 5 minutes past the Compass Pointe subdivision.
Lot Frontage: 1776
Zoning Description: RR - Property is mixed use and can be used for to develop a subdivision or a PUD. Can also be used for commercial.
In Flood Plain?: Yes
Easements: Electric Lines
Easements Description: Utility easement runs along the rear of the property.
Water Service: Municipal
Sewer Type: Other

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,849 15,657 27,967
Median Age: 48.69 38.91 39.39
Households: 2,102 6,467 11,788
© Copyright 2001-2020 Catylist. All Rights Reserved. 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.