165 Unit Townhome Development Site

Vacant Land for Sale
Catylist Listing ID: 30767807
Property Subtypes: Multi-Family
Gross Land Area: 19.71 Acres
Sale Price: $2,310,000
Unit Price: $117,199 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/18/2022

Overview / Comments

19.71 Acres in the rapidly growing Shallotte, NC, very near the brand new Chick Fil-A on Hwy 17. Preliminary site plan shows the possibility of 165 townhomes.
County Water is on Royal Oak. County Sewer is on the opposite side of Hwy 17.

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Tax ID/APN: 1820008308
Zoning: MF14
Legal Description: TR-2 19.71ACRES PLAT 34/417 SR 1345
Largest Nearby Street: Hwy 17
Highway Access: Appromixately 1000 ft from Hwy 17 to the closest corner of the property on Royal Oak Rd.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,287 12,953
Median Age: 45.73 43.3
Households: 1,820 5,425
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