224.57+/- Acre - Prime Residential Development Opportunity

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30792702
Property Subtypes: Multi-Family, Residential (Single Family)
Status: Pending
Gross Land Area: 224.57 Acres
Sale Price: $4,450,000
Unit Price: $19,815 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/19/2022

Overview / Comments

224.57+/- acre prime residential development site on Hwy 211. Excellent visibility with 2,549+/- ft. of road frontage on Hwy 211 and signalized access at corner of Zion Hill Rd.

159+/- acres zoned SBR-6 - HIGH DENSITY site built residential, with the other 66+/- acres zoned RR-CZ. RR-CZ allows for a planned development and could be rezoned to SBR-6 for density, if needed. Water and sewer to property.

The adjacent 16.35 acre site zoned SBR-6 with 950 ft. or road frontage
(MLS# #30793128) and the neighboring 50.92 acre site zoned R-75
(MLS# #30792967) are also for sale.

This site provides an excellent residential development opportunity in Brunswick County, NC, with convenient access to the area beaches and close proximity to the major commercial amenities in Wilmington, NC.

Attachments & Media

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Tax ID/APN: 1850001707
Zoning: SBR-6
Property Visibility: Excellent
Legal Description: TR-A & P/O B 224.57 AC PL-17/477-479 Q/321 90/26 N
Largest Nearby Street: Hwy 17 and I-140
Feet of Frontage: 2,549
Highway Access: Hwy 17 & I-140

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,719 14,090
Median Age: 49.19 47.57
Households: 2,288 5,963
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