114 Old Fayetteville Rd, Leland, NC 28451

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.