2787 Malmo Loop Road Northeast

Off Market

2787 Malmo Loop Road Northeast

Leland NC 28451

2074327 sq. ft.

Land

Last sold for $980,000

Kenyon Realty Group, last sold this property on 02 April 2026 after 12 days on market.

Overview

Located in one of Brunswick County's fastest-growing corridors, 2787 Malmo Loop Road NE represents an exceptional buy-and-hold opportunity for investors seeking future development upside. Situated just minutes from the Terrapin development and the expanding Highway 87 corridor, the property lies directly in the path of continued residential growth and infrastructure expansion. The tract encompasses approximately 47 acres, with an outstanding 44 acres of uplands and only about 3 acres of wetlands, creating a highly favorable foundation for future entitlements once sewer infrastructure reaches the area. Water and electricity are available nearby, and sewer is currently located approximately one mile away near the Terrapin development, with ongoing expansion expected as surrounding projects move forward. In the interim, the property offers immediate recreational value and usability, allowing an owner to enjoy the land today while holding it for long-term appreciation. Numerous nearby tracts in this corridor have already gone under contract for residential development purposes, further supporting the area's strong growth trajectory. With its high upland ratio, proximity to active development, and location in the booming Brunswick County market just 25 minutes from Wilmington, this property stands out as a strategic land investment—ideal for recreational enjoyment now and future entitlement and development potential down the road.

Features

2074327 sq. ft. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Leland over the last 12 months, the estimated median property value of 2787 Malmo Loop Road Northeast is $207.5k.

Median value

$207.5k

Estimated value range

$15k - $2.5m

Median days on market

Estimated value trend

10%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Leland. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2787 Malmo Loop Road Northeast

2026

Sold

$980,000

02 Apr 2026 by Kenyon Realty Group, of Intracoastal Realty Corp

Happy sellers in Leland

<50%

Less than 50% of sellers in Leland reported that their sale price either exceeded or met their price expectations.

Leland stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Leland over the last 12 months.

Local market activity for land plots in Leland

In the last 12 months, 111 land plots similar to 2787 Malmo Loop Road Northeast, have been sold.

This represents a 53% increase in land plots sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Leland for a market analysis.

Jennifer Bullock Team

at Jennifer Bullock Team

(259 reviews)

Get a market analysis

Janette Raupp

at NorthGroup Real Estate Inc.

(12 reviews)

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Drew Flynn

at Jennifer Bullock Team

(19 reviews)

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Jayne Kipke

at Southern Realty Advantage LLC

(6 reviews)

Get a market analysis

Nearby agents

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Jennifer Bullock Team

Sellers who recommend Jennifer Bullock Team have praised them for being local expert, clear communication, responsive, supportive, great team, friendly, and dedicated