8.11 Acres - Shallotte (B2)

Vacant Land for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30297253
Property Subtypes: Hospitality, Office, Retail
Gross Land Area: 8.11 Acres
Sale Price: $1,750,000
Unit Price: $215,782 Per Acre
Sale Terms: Cash to Seller
Auction License Number: N/A
Cap Rate: Undisclosed
Last Updated: 8/30/2018

Overview / Comments

8.11 Acres of prime Commercial property located next to a Golden Corral Restaurant, and Smithfield's Chicken & BBQ in Shallotte. This site has high visibility from US 17 By-Pass, and is situated across from the stoplight at US 17; and Main Street in Shallotte. The site elevation rises several feet from the front to the rear, which provides for a potentially unobstructed hiway view for the entire property. This site has interconnectivity with the existing restaurants, and easy access to US 17 (By-Pass & Business); as well as Old Shallotte Road. All utilities provided by the Town of Shallotte.

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Taxing Authority: Shallotte
Tax ID/APN: 1970001901/1970002010
Zoning: B-2
Property Located Between: Golden Corral & Wildwood Village
Property Visibility: Excellent
Legal Description: 6.10 ACRES PLAT 32/283 E COAST LN & PARCEL A&B 2.01 AC PL 76/56 US 17
Largest Nearby Street: Wildwood Road
Feet of Frontage: 570
Highway Access: Access directly onto Wildwood Road, and East Coast Lane
Airports: Wilmington International Airport - 36 miles Northeast
Site Description: Subject property gently rises several feet from front to rear, and is lightly wooded.
Area Description: Site is located at the Southern entrance to the Town of Shallotte, in an area of existing businesses (Restaurants, Hotel, Office)
Lot Frontage: 570
Lot Depth: variable
Zoning Description: Shallotte B2. See Town of Shallotte UDO for details.
Development Name: N/A
Topography: Gently Sloping
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,237 15,086
Median Age: 45.34 47.21
Households: 2,218 6,539


Photograph of Listing Agent

John Kinlaw, Jr

Kinlaw Realty, Inc. NCCMLS Member
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