Large Corner Lot on Heavily Traveled Beach Dr in Ocean Isle Beach

Vacant Land for Sale
Catylist Listing ID: 30456301
Property Subtypes: Hospitality, Office, Retail, Other
Gross Land Area: 0.78 Acres
Sale Price: $295,000
Unit Price: $378,205 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/9/2019

Overview / Comments

Large corner lot on Beach Drive in Ocean Isle Beach with many site improvements in place! .78 Acre Lot with road frontage on three sides. Site has been cleared and structures and septic tanks removed from the property. Six parcels have been combined, re-surveyed and re-zoned to Commercial Low Density. Water and Sewer are available at the site, however, should new owner prefer not to connect to sewer a preliminary perk test is complete with approval for septic. Architectural renderings underway for a 2,000 sf structure with parking or 1,500 sf structure with drive-thru and parking and may be shared upon request. Ideal location for restaurant, retail, pharmacy, beach rentals or any business seeking a customer-focused location.

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Taxing Authority: Brunswick County
Tax ID/APN: 243IB071
Zoning: CLD
Property Located Between: Ocean Isle Beach and Sunset Beach
Property Visibility: Excellent
Legal Description: L-3-5 & 30-32 OCEAN PINE ACRES PL*113-17
Largest Nearby Street: Highway 179 (Beach Drive)
Feet of Frontage: 154
Site Description: Cleared and Level Lot. Site has been cleared and structures and septic tanks removed from the property. Six parcels have been combined, re-surveyed and re-zoned to Commercial Low Density. Water and Sewer are available at the site, however, should new owner prefer not to connect to sewer a preliminary perk test is complete with approval for septic.
Area Description: Brunswick County, North Carolina is strategically located in the Myrtle Beach MSA between lively Myrtle Beach, South Carolina and historic Wilmington, North Carolina, offering a broad variety of resources and amenities and livability that appeals to people of all ages, tastes and stages of life and career. Brunswick County has experienced explosive growth over past 15 years, with residential growth coming in at the highest it’s been since the housing market crash 2007. Much of the rapid population growth has been in the South Brunswick Islands, which consists of Calabash, Carolina Shores, Sunset Beach, Ocean Isle Beach, Shallotte and Holden Beach. The outstanding and affordable quality of place has long been a draw for tourists, from the major metro areas within North Carolina as well as states to our north. Many of these tourists become second homeowners and eventually relocate to the area as retirees as evidenced by the percentage growth rate in ages 60 and over which eclipses the growth rate in all other age categories. Ample land and still-reasonable construction costs fuel growth in the region’s diverse housing stock, which offers residential options tailored to fit any preference and budget. Several new homes communities that sat dormant for the past 10 years are now under new ownership with construction underway.
Lot Frontage: 154 feet
Lot Depth: 230 feet
Zoning Description: Commercial Low Density
Topography: Level
Available Utilities: Electric, Water, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,412 9,108 13,035
Median Age: 46.01 51.34 53.09
Households: 1,050 4,169 6,044
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