Commercial Property at Mallory Creek Plantation

Vacant Land for Sale
Catylist Listing ID: 29899987
Property Subtypes: Retail
Gross Land Area: 12.33 Acres
Sale Price: $250,000 Per Acre
Total Price: $3,082,500
Sale Terms: Cash to Seller, Other
Last Updated: 10/30/2020

Overview / Comments

Located at the Intersection of Mallory Creek Dr & River Rd SE (NC HWY 133)

+/- 2.73 & 9.60 Acres of Land Located by Town of Leland, Brunswick County, NC

600 homes in Mallory Creek Plantation; 1,250 homes in Brunswick Forest (3,000 lots sold, averaging 250 sales per year); 435 homes in WestPort.

Traffic signal at Hwy 133 and Mallory Creek Drive required by NCDOT and will be installed by developer. Estimated install date of Summer 2019. Site has inter-connectivity with Brunswick Forest.

Zoned LE-PUD - Planned Unit Development (Residential, commercial, retail, and recreational uses allowed)

Projected population growth rate of 13.9% through 2019 within 1-Mile of property.

Outstanding visibility with traffic counts on River Rd exceeding 18,000/day (2012).

Bulk Sale - $250,000/Acre for Entire 12.33 Acres

SW Corner of 2.73 Acres - $250,000/Acre

NW Corner, 2 Acres at Hard Corner of Entrance and NC HWY 133 - $600,000/Acre

Interior Acreage of 9.60 Acre Tract - $200,000/Acre, Subject to Site Layout Approval

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Tax ID/APN: 310507590491
Zoning: LELAND: PUD
Site Description: IN CITY LIMITS: Yes
Area Description: CLOSEST HIGHWAY NAME: HWY 133
Development Name: Mallory Creek Planta
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 13,449 56,416
Median Age: 43.41 38.92
Households: 5,791 24,765
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