Catylist ID:
#30801268
Development land for sale - Hwy 17 frontage
Vacant Land
for Sale
| Catylist Listing ID: | 30801268 |
| Property Subtypes: | Agricultural, Hospitality, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort |
| Gross Land Area: | 45.20 Acres |
| Sale Price: | $1,900,000 |
| Unit Price: | $42,035 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/20/2022 |
Overview / Comments
|
Approximately 45.2 acres zoned CLD with over 350' of HWY 17 (Ocean Highway) frontage. Close to Shallotte's fast-growing downtown, this is an ideal site for a combination of residential and/or commercial development. The adjacent parcel(s) could potentially be included in a purchase. Two parcels to the west total 105 acres, and the parcel to the east is approximately 58 acres. Based on market demographics and recent transactions in the immediate area, a built for rental community (BFR/SFR) may be highest and best use. Seller is ordering an updated wetlands survey, which will be made available to interested parties. Utilities are at the highway - buyer will need to consult with Brunswick County Utilities to confirm accessibility/capacity for their project. |
Attachments & Media
Additional Details
| Nearest MSA: | Myrtle Beach-Conway-North Myrtle Beach |
| County: | Brunswick |
| Taxing Authority: | Brunswick County |
| Tax ID/APN: | 21200010 |
| Zoning: | CLD (COMMERCIAL LOW DENSITY) |
| Property Visibility: | Excellent |
| Largest Nearby Street: | US Hwy 17 (Ocean Highway West) |
| Feet of Frontage: | 361 |
| Topography: | Level |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 3,403 | 16,976 |
| Median Age: | 47.01 | 50.63 |
| Households: | 1,431 | 7,632 |
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