Vacant Hwy 17 Commercial

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30316609
Property Subtypes: Hospitality, Office, Retail
Status: Pending
Gross Land Area: 1.98 Acres
Sale Price: $223,700
Unit Price: $112,979 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/10/2020

Overview / Comments

This property totals 1.98 acres and is within 1/4 mile from the intersection of Highway 17 and 211. This property WILL NOT be impacted by interchange proposed at that intersection. Convenient access, significant (317') frontage and strong visibility from busy Highway 17 allow this site to accommodate any number of commercial uses. Served by County Water and Sewer, this site is priced at a very reasonable $113,000 per acre.

Zoned CO-CLD by Brunswick County, Likely end uses include medical office, automotive, restaurant, hotel/motel, business office or retail. A new Carquest Automotive will begin construction soon across Highway 17 from the site.

Attachments & Media

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Taxing Authority: Brunswick County
Tax ID/APN: 16800036
Zoning: CO-CLD
Property Located Between: Shallotte and Highway 211 on Highway 17
Property Visibility: Good
Legal Description: TR-2 1.98AC PL 36/525 & Z/21 US 17
Largest Nearby Street: Highway 17
Feet of Frontage: 317
Traffic/Vehicle Count: 34,000
Highway Access: Curb cut on Highway 17 and located approximately 1/4 mile from Highway 211.
Airports: Wilmington International- 40 minutes, Myrtle Beach International-35 minutes, Cape Fear Regional Jetport-20 minutes
Site Description: Highly visible vacant 1.98 AC site on the SE side of Highway 17 between Shallotte and the Highway 211 intersection. The property is cleared, mowed, level and supported by existing ditch system. The site is served by County water, unlike some on this side of the highway.
Area Description: Area seeing increased commercial activity to supplement successful highway commercial businesses such as gas stations and restaurants. Nearby businesses include primarily medical office or related services.
Lot Frontage: 317
Lot Depth: Angled back property line which varies between 210' up to 362 on NE corner.
Zoning Description: County-Commercial Low Density-This District is intended primarily to be used in outlying areas, adjacent to major thoroughfares, with yards and other provisions for reducing conflicts with adjacent residential uses, and with substantial setbacks to reduce marginal friction on adjacent major thoroughfares. Commercial uses in this District will serve the needs of residential neighborhoods for auto-dependent commercial facilities; and serve the needs of highway oriented tourist business.
Development Name: N/A
Easements: Utilities
Easements Description: BEMC has an easement for power line across entirety of road frontage. There is a power pole on the property approximately 65 feet from the NE Corner.
Soil Type: Mixed
Available Utilities: Water, Sewer
Water Service: Municipal
Sewer Type: None

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,589 8,720
Median Age: 41.34 47.21
Households: 1,055 3,648
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