Highland Forest: Phase 5- 23.62 Acres Development Site

Vacant Land for Sale
Also listed as Multi-Family
Catylist Listing ID: 30747003
Property Subtypes: Multi-Family, Other
Gross Land Area: 23.62 Acres
Sale Price: $1,800,000
Unit Price: $76,206 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/22/2022

Overview / Comments

Highland Forest: Phase 5- 23.62 acres of land available for sale. This site is located at the entrance to The Highlands development and boasts appx 1,500 ft of frontage along Frontage Rd. which runs parallels to US HWY 17 S. Property is zoned MF-14 by the Town of Shallotte which permits 14 units to the acre. A 3 +/- recreational pond sits on the property. The property is located in direct proximity to many retailers, food and entertainment including but not limited to: Chic-Fil-A, Walmart, Home Depot, Belk, Marshalls, Food Lion. Excellent ingress/egress from Hwy 17 S. and just a short drive from many area beaches and Myrtle Beach. This site is available only with the purchase of the 58 Listed Units (MLS # 30745632)

See adjacent property listed:
Phase 1, 2, 3: 58 Units available for sale MLS #30745632
Phase 4- 30 units under construction MLS #30746978

Attachments & Media

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Taxing Authority: Shallotte
Tax ID/APN: 1820004209
Zoning: MF-14
Property Visibility: Excellent
Largest Nearby Street: US HWY 17 S
Feet of Frontage: 1,500
Traffic/Vehicle Count: 26,500
Highway Access: Hwy 17 Via Frontage Rd. (signalized intersection)
Lot Frontage: 1500
Zoning Description: MF-14, Town of Shallotte
Development Name: The Highlands
Topography: Level
Available Utilities: Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,223 14,652
Median Age: 45.18 44.31
Households: 2,218 6,215
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