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0 Smith Avenue

Shallotte, NC 28470
  • $5,000,000
  • STATUS: Active
  • ON SITE: 348 Days
  • MLS #: 100374559
UPDATED: 37 min ago
$5,000,000
  • 0
    BEDS
  • 32.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

32.18 +/- acre commercial site located in the town of Shallotte in Brunswick County, NC. With access to US Highway 17 (via Smith Ave) which is the major North/South Highway and NC Highway 130 which goes to Whiteville and Holden Beach. This site is easily accessible for potential residents. This acreage presents an amazing opportunity for a developer to provide housing in Downtown Shallotte, NC. While there are Water, Sewer, Cable, Phone lines that run along Smith Ave, Tapping into those lines will require a potential purchaser to reach out to the Town of Shallotte and Brunswick County as the main Utility providers in the area. Items such as capacity and flow will need to be determined by a purchasers engineer based on purchasers use. ZONING: HB (17.28 AC), B2 (14.9 AC)Under the current zoning you would need a special use permit to build 4 units per acre in HB and 2 units per acre in B2. The current zoning does not reflect the properties highest and best use. To achieve the property's highest and best use a potential buyer should submit for a rezoning to Multifamily (MF-14). MF-14 with a special use permit, permits 14 units per acre. With the rezoning to MF-14 a buyer is looking at potentially 448 units. Initial feedback from the town staff has been positive as it relates to a rezoning. Brunswick County, NC is one of if not ''THE'' fastest growing county in North Carolina. Between 2010-2019 Brunswick Co. grew 32% leaving Brunswick's population totalling at 142,820. Brunswick Co. is home to 6 beaches across 5 barrier islands hosting many seasonal tourists. Shallotte is less than a 20-minute drive from Holden Beach, Ocean Isle Beach, and Sunset Beach.

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Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-02-29T09:02:08.733.
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0 Smith Avenue Shallotte, NC 28470

  • Price: $5,000,000
  • Status: Active
  • On Site: 348 Days
  • Updated: 37 min ago
  • MLS #: 100374559
0
Beds
0
Baths
0
½ Baths
32.18
Acres
Neighborhood:
Not In Subdivision
County:
Brunswick
Area:
Shallotte
Elementary School:
Supply
Middle School:
Shallotte
High School:
West Brunswick
Property Description
32.18 +/- acre commercial site located in the town of Shallotte in Brunswick County, NC. With access to US Highway 17 (via Smith Ave) which is the major North/South Highway and NC Highway 130 which goes to Whiteville and Holden Beach. This site is easily accessible for potential residents. This acreage presents an amazing opportunity for a developer to provide housing in Downtown Shallotte, NC. While there are Water, Sewer, Cable, Phone lines that run along Smith Ave, Tapping into those lines will require a potential purchaser to reach out to the Town of Shallotte and Brunswick County as the main Utility providers in the area. Items such as capacity and flow will need to be determined by a purchasers engineer based on purchasers use. ZONING: HB (17.28 AC), B2 (14.9 AC)Under the current zoning you would need a special use permit to build 4 units per acre in HB and 2 units per acre in B2. The current zoning does not reflect the properties highest and best use. To achieve the property's highest and best use a potential buyer should submit for a rezoning to Multifamily (MF-14). MF-14 with a special use permit, permits 14 units per acre. With the rezoning to MF-14 a buyer is looking at potentially 448 units. Initial feedback from the town staff has been positive as it relates to a rezoning. Brunswick County, NC is one of if not ''THE'' fastest growing county in North Carolina. Between 2010-2019 Brunswick Co. grew 32% leaving Brunswick's population totalling at 142,820. Brunswick Co. is home to 6 beaches across 5 barrier islands hosting many seasonal tourists. Shallotte is less than a 20-minute drive from Holden Beach, Ocean Isle Beach, and Sunset Beach.
Exterior Features

Buildings On Property None Location Type Mainland Road Type Frontage Public (City/Cty/St) Topography Wooded Total Road Frontage 345 Waterfront No Waterview No

Interior Features

Soil Evaluation Soil Evaluation - No

Property Features

Auction No City Limits Yes Cobra Zone No Current Use Vacant Deed Restriction No Environmental Hazard Unknown Fuel Tank None Hoa And Neighborhood Amenities No Amenities Hoa YN No Land Sub Type 5+ Multi-Family Secondary Subdivision N/A Tax Year 2023 Zoning Hb/B-2



Mid Carolina MLS logo Listing information © 2024 NCRMLS
Listing courtesy of David Branton of Eastern Carolinas Commercial Real Estate: (910) 399-4602.


Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-02-29T09:02:08.733.
 
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