Brunswick Plantation Development Site Calabash

Vacant Land for Sale
Catylist Listing ID: 30428090
Property Subtypes: Hospitality, Office, Retail, Other
Gross Land Area: 10.95 Acres
Sale Price: $1,575,000
Unit Price: $143,835 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/20/2019

Overview / Comments

Prime Commercial Development Opportunity on heavily traveled Highway 17 corridor at the entrance to Brunswick Plantation & Golf Resort. 10.95 Acres ideal for Convenience Store, Restaurant and/or Hotel Site. Excellent exposure from Highway 17. Located in Calabash, North Carolina, ranked the 2nd Wealthiest Zip Code in the 3 county Wilmington Region, and a short drive from the sandy shores of Sunset Beach ranked #1 in Average Net Worth. Site is listed For Sale at $1,575,000 or can be subdivided and sold for $225,000 Per Acre.

This site sits directly at the entrance to Brunswick Plantation, a 1,750 acre gated community wrapped around a 27 hole William Byrd designed championship golf course, seven swimming pools, five clubhouses, tennis courts and walking paths. Potential for a secondary entrance point from S. Middleton Drive, the entryway to Brunswick Plantation, allowing residents and guests of the more than 5,000 homes in the community easy access without leaving the development. Brunswick Plantation offers wedding and event services including hosting, planning and catering and has two condominium communities designed for golf parties that return each year to play this or the 35 other courses in the "Golf Capital of the World". Many residents and visitors of the South Brunswick Islands escape to North Myrtle Beach for Dining, Shopping and Recreation and this site offers one of the few easy entry stopping points along the way.

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Taxing Authority: Brunswick County
Tax ID/APN: 21000125
Zoning: CLD
Property Located Between: Shallotte, NC and Little River, SC
Property Visibility: Excellent
Legal Description: 10.95 AC BRUNSWICK PLANTATION US 17
Largest Nearby Street: Highway 17 S
Feet of Frontage: 875
Highway Access: Site fronts Highway 17 S, right at the turnoff to Hickman's Crossroads.
Airports: Equidistant to Wilmington International and Myrtle Beach International
Area Description: Brunswick County has experienced explosive growth over past 15 years, with residential growth coming in at the highest it’s been since the housing market crash 2007. Much of the rapid population growth has been in the South Brunswick Islands, which consists of Calabash, Carolina Shores, Sunset Beach, Ocean Isle Beach, Shallotte and Holden Beach. The outstanding and affordable quality of place has long been a draw for tourists, from the major metro areas within North Carolina as well as states to our north. Many of these tourists become second homeowners and eventually relocate to the area as retirees as evidenced by the percentage growth rate in ages 60 and over which eclipses the growth rate in all other age categories. Ample land and still-reasonable construction costs fuel growth in the region’s diverse housing stock, which offers residential options tailored to fit any preference and budget. Several new homes communities that sat dormant for the past 10 years are now under new ownership with construction underway.
In Flood Plain?: Yes
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,443 10,664 20,793
Median Age: 63.1 60 55.48
Households: 709 5,144 9,837
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