+/- 5 Acres Available in Leland, NC
Land | 5.1 acres
Marketing description
Two Parcels consisting of +/- 5 Acres Available For Sale and positioned in one of Southeastern North Carolina’s fastest growing corridors. 107 and 109 Thomas Garst Lane in Leland, North Carolina, offers a +/- 2.08 acre and a +/- 3.02 acre assemblage with direct visibility from both Highway 74/76, Highway 17 and Highway 133.
Both properties are zoned T5 (Urban Center) which supports mixed use, multifamily, retail, office, hospitality, and a variety of higher density urban development options with allowable building heights up to five stories. With allowable building heights up to five stories, a future development could potentially capture views of the Cape Fear River. This creates added value for residential, hospitality, or office projects seeking a vantage point and enhanced marketability.
Each property is held by a distinct owner, and any offer should be directed to the respective owner. Offers will be considered independently and buyers are not required to purchase both. 107 Thomas Garst consisting of 3.02 acres is listed for $1,750,000 and 109 Thomas Garst consisting of 2.08 acres is listed for $1,196,000. The existing mobile home at 109 Thomas Garst does not convey with the sale. That property is also currently leased. The listing broker can provide additional details behind the short term lease structure.
Leland continues to rank among the fastest-growing communities in North Carolina, driven by strong population inflow, new residential development, expanding job opportunities, increasing household incomes, proximity to area beaches, Southport and Historic Downtown Wilmington. The area attracts a blend of young professionals, families and retirees, creating strong demand for multifamily housing, neighborhood retail, medical services, and hospitality accommodations.
Members-only remarks
Each property is held by a distinct owner, and any offer should be directed to the respective owner. Offers will be considered independently and buyers are not required to purchase both. 107 Thomas Garst consisting of 3.02 acres is listed for $1,750,000 and 109 Thomas Garst consisting of 2.08 acres is listed for $1,196,000.
The existing mobile home at 109 Thomas Garst does not convey with the sale. The property is also currently leased. Listing broker to provide additional details behind the short term lease structure.
The existing tenant is not to be disturbed.
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