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Investment Highlights

  • Near high-traffic intersection.
  • Frontage on Northgate Dr.

Executive Summary

1.38± acre commercial development site located near the high-traffic intersection of Village Rd. and Northgate Dr. in Leland. Zoned T5 by the Town of Leland, the property offers a strong redevelopment opportunity within one of the area’s fastest-growing commercial corridors. The flexible T5 zoning designation allows for a wide variety of commercial and mixed-use development opportunities.
The site benefits from an existing curb cut along Northgate Dr., with water and sewer utilities available to the property.
An existing structure is located on-site and conveys at no value. The structure is considered a tear-down.

Property Facts

Price $790,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 1.38 AC
Opportunity Zone Yes
Zoning T5 - Urban Center

1 Lot Available

Lot

Price $790,000
Price Per AC $572,463.77
Lot Size 1.38 AC

1.38± acre commercial development site located near the high-traffic intersection of Village Rd. and Northgate Dr. in Leland.

Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
038HA002
Land Assessment
$186,300
Improvements Assessment
$16,360
Total Assessment
$202,660
  • Listing ID: 40681259

  • Date on Market: 5/27/2026

  • Last Updated:

  • Address: 4906 Northgate Dr, Leland, NC 28451

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