85.23 AC +/- R-7500 For Sale in Bolivia NC, near Community College

Vacant Land for Sale
Catylist Listing ID: 30393510
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 85.23 Acres
Sale Price: $500,000
Unit Price: $5,866 Per Acre
Sale Terms: Owner Financing
Cap Rate: Undisclosed
Last Updated: 10/17/2019

Overview / Comments

85 acres of R 7,500 zoned land (5.5 houses per acre). Located just across the street from Brunswick Community College. There is sewer and water running the north side of property. Less than $2,000 per build-able lot

Property is rolling land with ponds and Clark Stream as a border. The 500 year flood zone will sit on 35 to 40 acres. Asking $500,000 for the remaining 45 acres of dry build able land.

Very picturesque and park like.

Attachments & Media

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Taxing Authority: Brunswick County
Tax ID/APN: 1530001306
Zoning: R7500
Property Located Between: Gilbert road and old Ocean HWY.
Property Visibility: Excellent
Legal Description: One (1) Parcel 85.23AC Galloway Plat 6/64 #1530001306
Feet of Frontage: 2,900
Airports: ILM
Site Description: 300 Feet along Ocean High way, 2,900 feet on Gilbert road. Parcel is irregular in shape.
Zoning Description: The R-7500, R-6000, and SBR-6000 districts are established to provide for orderly suburban residential development. A limited number of commercial and civic uses are allowed, subject to the restrictions necessary to preserve and protect the residential character of the neighborhood. A special permit process for higher intensity development is also allowed, using discretion to balance issues of higher density with improved amenities. Due to the higher intensity developments contained in this district, it is intended to be applied to properties served by public sewer and water systems.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,509 5,216
Median Age: 38.32 45.11
Households: 887 2,002
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