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    Forest Dr Shallotte, NC 28470

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    For Sale
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    Prime 8-acre commercial site in Shallotte, NC

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8-acre commercial land parcel presents a unique investment opportunity in rapidly growing Brunswick County, North Carolina. Located on Forest Drive in Shallotte, this property boasts a B-2 zoning designation, offering flexibility for a variety of commercial uses, including office, retail, distribution, and some light industrial applications. Future use plans call for HB zoning. The site enjoys convenient access to major thoroughfares such as Main Street, Highway 17, and Highway 179, providing easy access to Ocean Isle and Sunset Beach. Utilities include Brunswick Electric Membership Corp. power, water, and sewer (requiring rezoning and annexation for full sewer service). A portion of the land lies south of the Highway 17 Bypass. The parcel ID is 1820004101. This strategic location benefits from proximity to established retail power centers, including a Walmart and a Home Depot/Belk complex, as well as numerous restaurants, banks, and service businesses. Brunswick County's consistent growth, ranking as the fastest-growing county in North Carolina for the past two years, further underscores the investment potential of this property. The property is ideally suited for service businesses catering to the area's expanding residential population, such as HVAC, plumbing, flooring, or showroom spaces. The sale price is $68,750 per acre.

    Property Features for 0 Forest Dr

    General Information

    Property type
    Land
    Lot Size
    348,480 SF

    HighLights

    • ±8‑acre parcel.
    • Utilities available: Brunswick Electric Membership Corp. power, water, and sewer (sewer requires rezoning and annexation).
    • Located south of Hwy. 17 Bypass, Parcel ID #1820004101.
    • Currently zoned B‑2, Shallotte, NC ETJ; rezoning to HB required for intended use.
    • Ideal for service businesses (HVAC, plumbing, flooring, showrooms, etc.) serving Brunswick County's residential growth.
    • Near Walmart and Home Depot/Belk's power centers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shallotte
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.3713172
    Latitude
    33.9852361

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    FAQs

    What type of property is this?
    Land - Prime 8-acre commercial site in Shallotte, NC
    Where is this land located?
    The property is located at Forest Dr Shallotte, NC.
    What are key features of this property?
    This property features: ±8-acre parcel.; Utilities available: Brunswick Electric Membership Corp. power, water, and sewer (sewer requires rezoning and annexation).; Located south of Hwy. 17 Bypass, Parcel ID #1820004101.
    (919) 576-2504
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    Realmo Value Estimation

    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.

    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.

    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
    Forest Dr Shallotte, NC 28470
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