98 Wildwood Street Nw, Shallotte, NC 28470 – MLS# 100512196
Courtesy of Kenny E Sherman, Chicora Advantage, LLC dba Coldwell Banker Sea Coast Advantage
Description
Shovel-Ready 64-Unit Development in Prime Shallotte Location!Fully entitled for four two-story multi-family buildings totaling 64 units, this 4.5-acre high-ground parcel offers an unbeatable opportunity for developers and investors. Priced accordingly per door, with storm water drainage and detention largely completed and a neighboring pump station already in place–saving hundreds of thousands in infrastructure costs. The site is fully engineered and ready to go vertical. Located just 15 minutes from the ocean in a rapidly growing area, with additional acreage available adjacent for future expansion. Rare opportunity to build now in one of the fastest-growing markets on the Carolina coast.
HOA Amenities
Property Details and Features
Property Access
- Road Type/Frontage: Paved,Public (City/Cty/St)
Disclosures
- No
Fence
- See Remarks
Home Owner’s Association
- HOA Amenities: See Remarks
Listing
- Sub-Type: 5+ Multi-Family
- Listed on 2025-06-06
- List Price/Acre: $209,016
- Terms: 1031 Exchange,Seller Financing,Conventional,Cash
Location
- Zip Code: 28470
- Latitude: 33.963745
- Longitude: -78.418619
- Subdivision: Sterling Oaks
- City Limits: Yes
Lot
- 265,716 sqft lot
- 6.1 total acre
- Lot Description: Development
- Lot Water Features: None
- Topography: Cleared
Possession
- At Closing
Property
- Zoning: Sh-Mf-14-Cz
- Bldgs on Property: None
- Soil Evaluation: Soil Evaluation – Yes
Schools
- School District: Brunswick County Schools
Taxes
- Tax Assessed Value: $374,400
- Property Taxes: $2,477
- City Tax Rate: 02140
- Tax Year: 2024
Utilities
- Pump Station
- Electric Provider: Brunswick Electric
- Fuel Tank: None