4700 Shallotte Ave, Shallotte, NC 28470

$1,500,000

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List Price
$1,500,000
Status
ACTIVE
MLS#
100488410
Price Change
▲ $375,000 1762122207
Days on Market
267
Acres
8.57
Neighborhood
Not In Subdivision

Property Description

Developers, Builders, Investors Take Note!!! ±8.57 Acre tract in downtown Shallotte presents a fantastic opportunity for development. Water and Sewer Available to tie into. Situated just a short walk from downtown, Mulberry Park and the River Walk, this parcel offers unmatched convenience, access to local shops, restaurants, and a myriad of other services. Brunswick County is consistently recognized as one of the fastest-growing counties in the United States, providing a dynamic backdrop for development. This opportunity offers an exceptional foundation for a single-family or multi-family development. Zoned MF-10, this district is established in which the principal use is for single-family and multi-family development. The regulations in this district allow for intensive development provided the necessary public or community water and sewer systems are available. MF-10 Multi-Family Residential Districts shall serve as transitional zones between high intensity and low intensity land uses and shall permit a maximum of 10 dwelling units per acre. Between its ideal location and the growing demand for new homes in one of Brunswick County's most desirable locations, this site is perfect for investors, builders, developers or anyone looking to capitalize on a prime location. Offered as a bundle of 2 parcels, one 1.12ac tract and a larger wooded 7.42 acre tract. Presently a single family home from 1940 resides on the smaller parcel but is being sold at no value.

Additional Information

Lot Information
Partially Cleared, Suburban, Level, Wooded
Utilities
Sewer Available, Water Available
Water
Public
Elementary School
Union
Middle School
Shallotte Middle
High School
West Brunswick

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Calculator source: Real Geeks

Listing courtesy of The Cheek Team.

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