Mallory Creek Multi-Family Tract
1400 River Rd, Leland, NC 28479
Listing Details
- List Price
- $4,320,000
- List Price Per SF
- $5.38
- List Price Per Acre
- $234,440
- List Date
- 7/05/2022
- Listing ID
- 31671390
Mallory Creek Multi-Family Tract
Mallory Creek Land & Timber is pleased to offer for sale approximately 18 acres for a proposed Class A garden-style multi-family development. Based on the conceptual land plan prepared by H+W Design, the property can accommodate 288 units (3-story walk-ups), complete with stormwater, clubhouse, pool, and outdoor amenities. The concept is surfaced parked at a ratio of 1.9 spaces per unit. The asking price is the greater of $4,320,000 or $15,000 per MF unit.
The subject property is located on River Road (Highway 133) at the entrance of Mallory Creek Plantation. Located just minutes from Leland proper and downtown Wilmington, this infill site is well positioned to capitalize on the tremendous growth and development occurring in the Leland marketplace. Mallory Creek Plantation contains over 1,500 homes and will contain over 2,000 homes at full buildout, including a 700 home Del Webb community.
The property is situated in the Town of Leland, Brunswick County, North Carolina. The property is currently zoned C-1 by the Town of Leland. The site is entirely uplands, pursuant to Jurisdictional Determination notice SAW-2021-01942.
-Asking Price of $4,320,000 or the greater of $15,000/unit.
-Parcel ID’s - 05900009, 0590000920, 0590000921
-18.42 Acres with no wetlands
-Conceptual land plan supports 288 units at a 1.9 parks/unit
Space Details
- Primary Use
- Land
- Secondary Uses
- Multi-Family
Specific Address
1401 River Road, Leland, NC, 28479Property Highlights
- Type
- Land Pending
- Size
- 18.43 Acres
- Zoning
- LEC1
Contact
Bryan Greene
Cameron Management, Inc
John Gavin
Cameron Management, Inc
Attachments
Source: NCCMLS
©2024 Moody's Analytics, Inc. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Moody's Analytics, Inc. does not assume any liability for errors or omissions.
Commercial Exchange is a national commercial real estate marketplace powered by Catylist.
- Help
- FAQ
- Terms of Use
- Privacy Policy
- Do Not Sell My Personal Information
- ©2024 Moody's Analytics, Inc.