~11 Ac Development Site Hwy 130 Shallotte

Vacant Land for Sale
Catylist Listing ID: 30788653
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Self Storage
Gross Land Area: 10.89 Acres
Sale Price: $849,000
Unit Price: $77,961 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/19/2022

Overview / Comments

Three parcels on Highway 130 in Shallotte near the Highway 17 intersection equaling 10.89 acres listed For Sale. 404 feet of frontage on Highway 130 across from Lowe's Home Improvement, Planet Fun Family Entertainment & Bowling Center, Starz Grill, First Bank and Carolina Coast Family Dentistry. Additional business neighbors include Exxon, several fast-casual drive-thru restaurants, Best Western and the Brunswick County Welcome Center at the intersection of Highway 17 and Highway 130. Short distance and easy access to Shallotte Middle School and West Brunswick High School.

Approximately 0.5 miles from the Hwy 17 & Hwy 130 intersection, 0.5 miles from Main Street Shallotte, 7 miles from Ocean Isle Beach and 10 miles from Holden Beach. Shallotte is thirty minutes from Wilmington, NC and Myrtle Beach, SC. New commercial development in Shallotte includes several franchise restaurants and Coastal Walk Marketplace which features Starbucks, Ulta, Ross, Marshalls, PetSmart, Hobby Lobby and Rack Room. The Shallotte Riverfront Project just opened the newly constructed Riverwalk and will attract locals and tourists alike traveling the Main Street corridor. Join nearby retailers including Walmart, Home Depot, Lowes, Belk, Big Lots and more in one of the fastest growing vacation and retirement regions in the US.

Sale is for Parcels 19700031 (6.57 Acres), 19700092 (2.39 Acres) and 19700091 (1.99 Acres). Small house on the property conveys at no value.

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Taxing Authority: Brunswick County (property is in the Shallotte ETJ)
Tax ID/APN: 19700031, 19700092, 19700091
Zoning: SH-RA-15
Property Located Between: Highway 17 & Highway 17 Business (Main Street)
Property Visibility: Good
Legal Description: TR-1 6.47 ACRES PLAT 35/269 NC 130; TR-2 2.43ACRES PLAT 35/269; TR-3 1.99ACRES PLAT 35/269 NC 130
Largest Nearby Street: Highway 130 (Whiteville Road) frontage
Feet of Frontage: 404
Traffic/Vehicle Count: 9,500
Highway Access: Adjacent to Highway 130 (Whiteville Road) and 0.5 miles to Highway 17
Area Description: Shallotte is the rapidly growing business hub for the South Brunswick Islands communities, located in the fastest-growing county in NC, the second fastest-growing MSA in the US and the fourth fastest-growing county in the US. Brunswick County, North Carolina is strategically located in the Myrtle Beach MSA between lively Myrtle Beach, South Carolina and historic Wilmington, North Carolina, offering a broad variety of resources and amenities and livability that appeals to people of all ages, tastes and stages of life and career. 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 in 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. Whether you're a beach lover strolling the South Brunswick Islands or playing the links at one of the 80 courses of the Grand Strand, known as the 'Golf Capital of the World', it's easy to see why so many choose to call the South Brunswick Islands of North Carolina home.
Lot Frontage: 404 feet on Highway 130
In Flood Plain?: Yes

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,193 14,851
Median Age: 43.98 47.41
Households: 2,146 6,491

Contact

Photograph of Listing Agent

David Stuart

CBC Sun Coast Partners Not a member of NCCMLS
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