5.49 Ac Commercial Land on Beach Dr Calabash

Vacant Land for Sale
Catylist Listing ID: 30745130
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Self Storage
Gross Land Area: 5.49 Acres
Sale Price: $499,000
Unit Price: $90,892 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/16/2021

Overview / Comments

Heavily traveled, highly visible location for commercial or residential development. 580 feet of frontage on HWY 179 Business (Beach Drive) and 400 feet of frontage on Hidden Valley Place. Located on the route from Sunset Beach to Calabash, across from the very popular Gravy Southern Eatery. Surrounded by established and planned residential development in an area lacking restaurant, retail and professional services, this location serves the beach and golf communities of Carolina Shores, Calabash, Sunset and Ocean Isle Beaches. Owner may subdivide. Property contains a small man-made pond. Listing is for Parcels 2410001209 & 1210 combined. Property is Broker Owned.

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Taxing Authority: Town of Calabash & Brunswick County
Tax ID/APN: 2410001209 & 2410001210
Zoning: CA-HC
Property Located Between: Hwy 179 (Old Georgetown Rd) Beach Drive Intersection & ICW
Property Visibility: Good
Legal Description: TR-1&2 4.25 AC PL 20/546 & L-1 1.24 AC PL 106/96
Largest Nearby Street: Hwy 179 Business Adjacent
Feet of Frontage: 580
Highway Access: Located on Heavily Traveled Beach Drive (Highway 179 Business) near the Clariday Road intersection in Calabash.
Area Description: Located on Heavily Traveled Beach Drive (Highway 179) near the Clariday Road intersection in Calabash. One mile from River Road intersection with historic riverfront shopping & dining. Three miles from the Bridge to Sunset Beach Island, the Sunset Beach Waterfront Park & Public Boat Ramp. Three miles from Highway 17. Calabash, known as the Seafood Capital of the World, is a popular destination for shopping and dining at one of many restaurants and waterfront seafood shacks. Easy access to Ocean Isle Beach and Sunset Beach with close proximity to more than 30 championship golf courses making this a popular destination for families and friends during our extended tourist season. The larger amenities of North Myrtle Beach are just minutes away. Brunswick County reported Year-Round Population Growth of 61.6% over the last 15 years and is part of the second fastest-growing MSA in the United States Adjacent Sunset Beach is ranked #1 of the Wilmington Region’s Wealthiest Zip Codes by Average Net Worth in 2018, 2019 and 2020, with Calabash ranked #2.
Lot Frontage: 580
Lot Depth: 400
Available Utilities: Electric, Water, Sewer, Cable, Internet Access

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,829 12,770 24,444
Median Age: 54.06 60.64 56.67
Households: 864 6,320 11,731

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