Shopping Center Land

Vacant Land for Sale
Catylist Listing ID: 30178522
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 22.40 Acres
Sale Price: $2,450,000
Unit Price: $109,375 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/3/2017

Overview / Comments

Rare Shopping Center or Commercial Development Opportunity between the Region's two hottest markets.  22.4 Commercial Acres at the Intersection of Highway 17 & Thomasboro Road in Calabash, three miles north of the NC/SC line.
Offering 2,300 feet of frontage along Highway 17 and 900 feet of frontage along Thomasboro Road, with multiple access points from both, and a signaled intersection at 17 & Thomasboro, this property is ideal for significant development.  All utilities are available to the property.  A large, three-sided billboard conveys with the property.
The bustling markets of North Myrtle Beach and Little River, SC, and the high net worth markets of Calabash, Carolina Shores, Sunset Beach, Ocean Isle Beach and Shallotte, NC are all within a 15 minute drive of the property.

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Tax ID/APN: 21000015, 21000016, 21000017
Zoning: BRUNSWICK COUNTY C-LD, COMMERCIAL LOW DENSITY
Property Located Between: North Myrtle Beach, SC & Shallotte, NC
Property Visibility: Excellent
Legal Description: 1.07 AC PLAT 18/269 US-17&SR1165, 1.01AC, 20.51 ACRES PLAT 36/248 US 17 &SR 1165
Largest Nearby Street: US Hwy 17
Feet of Frontage: 2,300
Highway Access: Hwy 17
Airports: Myrtle Beach International Airport
Area Description: *Brunswick County reported Year-Round Population Growth of 61.6% over the last 15 years *The Greater Wilmington Business Journal ranked Sunset Beach, Ocean Isle Beach, Calabash & Southport as numbers 2, 3, 4 & 5 of the Wilmington Region's Wealthiest Zip Codes by Average Net Worth *More than 50% of the nearly 50,000 homes in the South Brunswick Islands are either second homes or rental properties *Rental household count during the extended golf & beach season average 6-8 persons per unit with Average Daily Spending of $176 per person *Brunswick County Tourism posted Visitor Spending in Brunswick County equaled $544 Million in 2016, an increase of more than $35 Million over the previous year *Summer Holiday Seating Capacity at the Myrtle Beach International Airport increased by more than 30% in 2017
Lot Frontage: 2300 ft
Lot Depth: 900 ft
Zoning Description: C-LD
Topography: Level
Available Utilities: Electric, Water, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 11,369 22,678
Median Age: 60.42 55.52
Households: 5,525 10,698
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