4700 Shallotte Avenue, Shallotte, NC 28470 – MLS# 100488410

Property Map

$1,125,000 – 4700 Shallotte Avenue, Shallotte, NC 28470

Street View

$1,125,000
8.57 Acre Lot
373,519 Sqft Lot
Status Active
Property Type Undeveloped
Price Type
Days on Website 78

Courtesy of The Cheek Team, The Cheek Team

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.

HOA Amenities

Property Details and Features

Property Access

  • Road Type/Frontage: Paved,Public (City/Cty/St)

Disclosures

  • Unknown

Home Owner’s Association

  • HOA: No

Listing

  • Sub-Type: Undeveloped
  • Listed on 2025-02-11
  • List Price/Acre: $131,272
  • Terms: Build to Suit,Conventional,Cash

Location

  • Zip Code: 28470
  • Latitude: 33.980256
  • Longitude: -78.384923
  • Subdivision: Not In Subdivision
  • City Limits: Yes

Lot

  • 373,519 sqft lot
  • 8.57 total acre
  • Lot Description: Level,Wooded,Suburban,Partially Cleared
  • Topography: Level,Wooded

Possession

  • At Closing

Property

  • Zoning: Sh-Mf-10
  • Bldgs on Property: Main House,Shed,Storage Buildings
  • Soil Evaluation: Soil Evaluation – No

Schools

  • School District: Brunswick County Schools

Taxes

  • Tax Assessed Value: $228,450
  • City Tax Rate: 2302
  • Tax Year: 2024

Utilities

  • Municipal Sewer Available
  • Municipal Water Available
  • Sewer Provider: City/Town
  • Electric Provider: Brunswick Electric
  • Water Provider: City/Town
  • Fuel Tank: None

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