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Shallotte Development Opportunity
For Sale
$1,099,000

98 Wildwood NW, Shallotte, NC 28470

4.5-acre parcel fully entitled for 64 units.

Property SizeContact for details
Lot Size4.50 Acres
Days on Market452

Property Features for 98 Wildwood NW

General Information

Standard status Active
Lot size 4.50 Acres
Property subtype Land or Vacant Lot

Amenities

Development
Listing Agency: CHICORA ADVANTAGE, LLC DBA COLDWELL BANKER SEA COAST ADVANTAGE
Listed By: KENNY E SHERMAN · License #80544
Source: Corcoran
Added: Jun 6, 2025 Changed: Aug 17 Last Checked: Aug 30 at 5:46PM

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 CHICORA ADVANTAGE, LLC DBA COLDWELL BANKER SEA COAST ADVANTAGE

Investment Insights

Based on property information with market context.

This 4.5-acre parcel is fully entitled for the development of four two-story multi-family buildings, totaling 64 units. The site is located in a rapidly growing area and is situated approximately 15 minutes from the ocean. Storm water drainage and detention are largely completed, and a neighboring pump station is already in place. The site is fully engineered and ready for vertical construction. Additional acreage is available adjacent to the property for future expansion. This shovel-ready development opportunity is located in Shallotte.

Key Highlights

  • Shovel‑ready, fully entitled 64‑unit development site.
  • Significant infrastructure cost savings due to completed storm water drainage/detention and neighboring pump station.
  • Prime Shallotte location in a rapidly growing area, just 15 minutes from the ocean.

Property Analytics

Current Use

Land

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Storage Facility Furniture & Home Goods (Bike/Boat/Book/etc) Store Veterinary Clinic

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

49
Businesses Nearby

Demographics for 28470, NC

11,141
Population
6,123
Households
1.8
Avg Household Size
48
Median Age
22%
College-Educated
90%
High-School Grad
44.7 sq mi
ZIP Area
249
Density / Sq Mi
$68,043
Median Household Income
$37,563
Median Earnings
$1,060
Median Rent
$252,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 4.5-acre parcel fully entitled for 64 units.
Where is this land located?
The property is located at 98 Wildwood NW Shallotte, NC.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Shovel‑ready, fully entitled 64‑unit development site.; Significant infrastructure cost savings due to completed storm water drainage/detention and neighboring pump station.; Prime Shallotte location in a rapidly growing area, just 15 minutes from the ocean.
More about this property
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