Rezoned and Ready for Development

Vacant Land for Sale
Sale Pending/Contingent
Rezoned and Ready for Development
Catylist Listing ID: 30552867
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Self Storage
Status: Pending/Contingent
Gross Land Area: 8.67 Acres
Sale Price: $869,000
Unit Price: $100,230 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/6/2021

Overview / Comments

Excellent opportunity for development. 3 parcels for a total of 8.67 acres. Property has been conditionally rezoned to T40 ready for up to 77 townhomes, apartments, or condos. Municipal water and sewer. Access to Sturgeon Creek and great road frontage on Village Rd.

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Tax ID/APN: 030PA00301/ 030PA004/ 030PA003
Zoning: T40
Property Located Between: Highway 17 (first Leland exit from Wilmington and The Park at Village Oaks.)
Property Visibility: Excellent
Legal Description: TR-1 2.56 ACRES PLAT 72/9 SR 1472 TR-2 3.74 ACRES PLAT 72/9 SR 1472 TR-3 2.37 ACRES PLAT 72/9 SR 1472
Largest Nearby Street: Village Rd.
Feet of Frontage: 295
Highway Access: Approx. 1.2 miles to Highway 17
Airports: Wilmington International Airport, Myrtle Beach-Conway- North Myrtle Beach
Site Description: Conveniently located approx 1.2 miles to Highway 17 with easy access to Wilmington, Southport, and Myrtle Beach. Total of 8.67 Acres (3 parcels), with access to Sturgeon Creek. Majority of the property is Flood Zone X, with some AE and a small portion at left rear is AEFW. The house on Track 2 is occupied and conveys at no value. House can be moved or torn down. Approximately 295 feet of frontage on Village Rd.
Area Description: Conveniently located to Highway 17, shopping, schools, parks, medical facilities, and area beaches.
Lot Frontage: 295
Zoning Description: Conditionally rezoned to T40 for high density mixed use- allowing up to 77 townhomes, apartments, or condos. Site plan on file.
Topography: Level
Available Utilities: Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,176 13,454 45,554
Median Age: 35.59 39.68 37.46
Households: 1,675 5,592 19,327
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