Commercial/Residential Development Land for Sale

Vacant Land for Sale
Catylist Listing ID: 30515648
Property Subtypes: Multi-Family, Residential (Single Family), Self Storage
Gross Land Area: 6.94 Acres
Sale Price: $690,000
Unit Price: $99,423 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/27/2021

Overview / Comments

PROPERTY SUMMARY: The property being sold includes 2 parcels, Tract 2A and Tract 2B, separated by a parcel owned by Westport Storage Members’ Association. The 2 parcels being sold are connected by a drainage easement that crosses Westport’s property draining into an operating stormwater pond located on Tract 2B. Tract 2A is approximately 4.2 acres of uplands suitable for development. Zoning is Commercial-Low Density (C-LD). Deed restrictions permit residential development other than for mobile homes; storage facilities for boats; boat trailers; recreational vehicles; small office warehouses and flexspace. All other uses are prohibited except by written consent. Tract 2B is approximately 2.7 acres, is primarily wetlands and is the location of the stormwater pond.

PROPERTY HIGHLIGHTS
* Developable Uplands: 4.2 Acres
* Zoned: Commercial Low Density (C-LD)
* Water & Sewer: Available at Site
* Storm Water Retention Pond: In Place at Site

STRATEGIC LOCATION
* NC Boat Ramp - 0.3 miles
* South Harbor Village Marina - 0.5 miles
* Long Beach Road - 0.3 miles

DEVELOPMENT OPPORTUNITIES:
* Self Storage
* Boat Storage
* RV Storage
* Townhomes
* Single family
* Flex Space

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Taxing Authority: Brunswick County
Tax ID/APN: 23700025; 2370002503
Zoning: BRUNSWICK COUNTY C - LD
Property Located Between: Long Beach Road and South Harbor Village Marina
Property Visibility: Excellent
Largest Nearby Street: Long Beach Road
Airports: Brunswick County Airport
Area Description: Strategically located on Fish Factory Road between Long Beach Road and the South Harbor Village Marina. The Oak Island City Park is next door, the Cambridge Crossings Townhomes are across the street and the NC Boat Ramp Park is just down the road 0.3 miles. DIRECTIONS: From Hwy 17 South, turn onto NC HWY 211 South toward Oak Island and Southport. At the Long Beach Road intersection turn right onto Long Beach Road toward Oak Island. At the Fish Factory Road signalized intersection turn left onto Fish Factory Road. Go approximately .5 miles, Property will be on your left.
Zoning Description: C-LD: 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.
Topography: Level
Easements: Environmental
Easements Description: Drainage easement from Tract 2A across Westport's tract to Tract 2B
Available Utilities: Electric, Water
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,995 7,457 15,101
Median Age: 52.08 52.48 54.29
Households: 890 3,514 7,054
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