Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lot in Rivers Edge Title is generated by Realmo AI

    3535 Fairway Crest Drive SW lot 40, Shallotte, NC 28470

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    Contact for pricing

    LAND - Shallotte, NC

    Lot size:
    0.35 Acres
    Added:
    Feb 19, 2026
    Days on Market:
    104
    Last Refresh:
    Jun 3 at 7:06 pm

    Property Features for 3535 Fairway Crest Drive SW lot 40

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Res
    Standard status
    Active Under Contract
    APN
    2141d040
    Lot size
    0.35 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    L-40 S-10 RIVERS EDGE PLAT 33/295
    Tax Annual Amount
    170

    We can help!

    Listing Contact
    Claire E Yoder
    Claire E Yoder

    Listing agent Claire E Yoder License #323373

    Listing office Coldwell Banker Sloane 790-2 Sunset Blvd. N, Sunset Beach, NC

    Listing date Feb 19, 2026

    MLS# 100555548 Listing URL

    Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Access to a Beach House on Holden Beach with oceanfront parking for residents
    • Resort‑style amenities including premier golf (Arnold Palmer 18‑hole course), swimming, fitness center, tennis, and nature trails
    • .36 acre residential lot ready to build
    • Located in Rivers Edge Plantation
    • Proximity to both Myrtle Beach and Wilmington attractions
    • Priced to sell

    Overview

    This 0.36-acre residential lot is located in Rivers Edge Plantation in Shallotte, North Carolina. The property offers the opportunity to build a home in a neighborhood with resort-style amenities. These amenities include access to nature trails, swimming, a fitness center, tennis, and a beach house on Holden Beach. The community also features an Arnold Palmer 18-hole golf course. The Rivers Edge Plantation's Holden Beach clubhouse provides oceanfront parking for residents. The lot is positioned between the attractions of Myrtle Beach and Wilmington.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Auto Repair Shop Bar & Pub Electrical Service Carpet & Flooring Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shallotte
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.377274
    Latitude
    33.952451

    Nearby Similar for Sale

    • $299,000

      Commercial Corner Opportunity in Shallotte

      Commercially zoned land in growing Shallotte Point area.
      1085 Village Point Road SW, Shallotte, NC 28470
      View Details
    • $49,500

      Residential Lot in Gated Community

      Residential lot in Shallotte, NC with community amenities.
      310 Bay Hill Court, Shallotte, NC 28470
      View Details
    • $44,000

      Private Homesite in River Village

      Homesite in a golf course community with many amenities.
      337 River Village Square lot: 12, Shallotte, NC 28470
      View Details
    • $3,325,000

      Prime Commercial Land Opportunity

      Ready for immediate commercial development in a high-growth area.
      5071 Main Street, Shallotte, NC 28470
      View Details
    • $74,000

      Shallotte Homesite in Gated Community

      Homesite in Rivers Edge Golf Club & Plantation.
      425 Laurel Valley Drive, Shallotte, NC 28470
      View Details
    • $399,000

      Prime Commercial Land in Shallotte

      2.61-acre commercial land near Shallotte's central business district.
      2.61 Acres Mulberry Street, Shallotte, NC 28470
      View Details
    • $84,310

      Homesite in Hewett Farms

      Cleared homesite near Ocean Isle Beach with 3-bedroom septic permit.
      1352 Hewett Farms Road SW, Shallotte, NC 28470
      View Details
    • $27,000

      Riverfront Land in Coastal Community

      Corner lot with river access, ready for development near beaches.
      1602 Little Shallotte River Drive SW lot: 175, Shallotte, NC 28470
      View Details
    • $645,000

      Shallotte Riverfront Homesite Opportunity

      Estate-sized homesite with navigable waterfront and commanding views.
      241 Thomas Drive lot: 3, Shallotte, NC 28470
      View Details
    • $79,000

      Rivers Edge Golf Course Land

      Residential lot on Arnold Palmer's golf course in Shallotte, NC.
      433 Laurel Valley Drive lot: 45, Shallotte, NC 28470
      View Details
    • $250,000

      Waterfront Lot Near Shallotte, NC

      Waterfront lot near Shallotte and Ocean Isle Beach.
      4566 Tavia Lane SW lot: B, Shallotte, NC 28470
      View Details
    • $49,000

      Wooded Lot in Rutledge Community

      0.32-acre wooded lot with community amenities near Shallotte, NC.
      2961 Old Berwick Street SW, Shallotte, NC 28470
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.36-acre residential lot with resort-style amenities.
    Where is this residential land & home lot located?
    The property is located at 3535 Fairway Crest Drive SW lot 40 Shallotte, NC.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Access to a Beach House on Holden Beach with oceanfront parking for residents; Resort‑style amenities including premier golf (Arnold Palmer 18‑hole course), swimming, fitness center, tennis, and nature trails; .36 acre residential lot ready to build
    (910) 880-4422
    We can help!
    Listing Contact
    Claire E Yoder
    Claire E Yoder
    Real Estate License ID: 323373
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3535 Fairway Crest Drive SW lot: 40, Shallotte, NC 28470
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!