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31795906
31795907

107 & 109 Thomas Garst Lane, Leland, NC, USA, Leland, NC 28451 For Sale

TP
NC 249446
Sun Coast Partners Commercial
CC
NC NC252916
Sun Coast Partners Commercial
Listed by Sun Coast Partners Commercial
$2,946,000
93 days on market
Updated 3 days ago

+/- 5 Acres Available in Leland, NC

Details
Property Type Land
Sub Type Commercial
Acreage 5.100
Zoning T5

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.

Listing Contacts

TP
NC 249446
Sun Coast Partners Commercial
CC
NC NC252916
Sun Coast Partners Commercial
Listed by Sun Coast Partners Commercial

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Additional Information

Name
Tyler Pegg
License
249446
Brokerage
Sun Coast Partners LLC
Name
Cody Cress, SIOR
License
NC252916
Brokerage Phone
9104098421
Title
NC
Brokerage Address
1430 Commonwealth Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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