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Approved Multifamily and Town Home Project
For Sale
$4,600,000

1975 Southport Supply, Bolivia, NC 28422

Approved for 210 multifamily units and 47 townhomes.

Days on Market426

Property Features for 1975 Southport Supply

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $2,379
Listing Agency: SUNSET HARBOR REALTY LLC
Listed By: LEESA L JOHNSON · License #202605
Source: Corcoran
Added: Jun 3, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SUNSET HARBOR REALTY LLC

Investment Insights

Based on property information with market context.

This property features an approved project for 210 multifamily units and 47 townhomes. The plan is fully entitled and approved for seven multifamily buildings, each containing 30 units, and eight townhome buildings totaling 47 units of varying sizes. The location is anchored by a lighted and signalized major intersection, with access and egress in place. Situated adjacent to a Handee Hugo's Gas Station and Subway, the property is less than 3 miles from Carolina National Golf Course, 5 miles from the NC Wildlife Dual Boat Ramp and Fishing Pier, 8 miles from Oak Island Beach, and 1 mile from Roger Bacon Charter School. This location is inside the county's 5 Mile economic development zone. Division of the property will be considered.

Key Highlights

  • Approved for a large‑scale development project: 210 multifamily units and 47 townhomes.
  • Entitled and approved plans ready for immediate development.
  • Anchored by a lighted and signalized major intersection with access and egress in place.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Garden Center Grocery & Convenience Store Pet Grooming Service Storage Facility Real Estate Agency Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

29
Businesses Nearby

Demographics for 28422, NC

8,249
Population
4,385
Households
1.9
Avg Household Size
53
Median Age
28%
College-Educated
89%
High-School Grad
132.7 sq mi
ZIP Area
62
Density / Sq Mi
$67,883
Median Household Income
$32,971
Median Earnings
$1,460
Median Rent
$295,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Approved for 210 multifamily units and 47 townhomes.
Where is this commercial land located?
The property is located at 1975 Southport Supply Bolivia, NC.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: Approved for a large‑scale development project: **210 multifamily units and 47 townhomes**.; Entitled and approved plans **ready for immediate development**.; Anchored by a lighted and signalized major intersection with access and egress in place.
More about this property
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