2.32 Acres Commercial Land - Shallotte, NC

Vacant Land for Sale
Catylist Listing ID: 30317483
Property Subtypes: Hospitality, Office, Retail, Self Storage
Gross Land Area: 2.32 Acres
Sale Price: $475,000
Unit Price: $204,741 Per Acre
Sale Terms: Cash to Seller
Auction License Number: N/A
Cap Rate: Undisclosed
Last Updated: 11/5/2018

Overview / Comments

Located at the end of East Coast Lane (past Golden Corral & Smithfield's Chicken & BBQ), at the top of the hill, this 2.32 acre property would be an excellent location for an exclusive high-end restaurant; and/or numerous other commercial establishments. Property fronts East Coast Lane ext., and the existing 50' ROW will be paved by Town of Shallotte when property is sold. High Visibility from US 17 By-Pass.

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Taxing Authority: Shallotte
Tax ID/APN: 1970002005 & 1970002023
Property Located Between: N/A
Legal Description: 1.44 ACRES PLAT 31/328 & 0.88 AC PARCEL B PLAT 31/328
Largest Nearby Street: East Coast Lane / US 17 By-Pass
Feet of Frontage: 430
Highway Access: 430' of frontage on East Coast Lane (unpaved extension)
Site Description: Site is located on a wooded ridgeline, at the end of East Coast Lane.
Area Description: Mixed Use Commercial
Lot Frontage: 430'
Lot Depth: 385' +/-
Zoning Description: See Shallotte UDO for detailed information.
Development Name: N/A
Topography: Gently Sloping
Easements: Electric Lines, Ingress/Egress, Utilities, Other
Easements Description: Town of Shallotte has been granted a 50' ROW to continue paving East Coast Lane to the end of the road (subject to the site plan proposed by a potential Buyer).
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,175 13,356
Median Age: 45.14 48.12
Households: 1,747 5,862


Photograph of Listing Agent

John Kinlaw, Jr

Kinlaw Realty, Inc. NCCMLS Member
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