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Shallotte Development Opportunity: 64 Units

98 Wildwood Shallotte, NC 28470

98 Wildwood, Shallotte, NC, 28470
$1,275,000
For Sale
$1,275,000

Shovel-ready 64-unit development site in a rapidly growing area.

Days on Market411

Property Features for 98 Wildwood

General Information

Standard status
Active
Listing Agency CHICORA ADVANTAGE, LLC DBA COLDWELL BANKER SEA COAST ADVANTAGE
Listed by KENNY E SHERMAN
Source Corcoran
Added: Jun 6, 2025 Updated: Mar 16 at 9:09 am Checked: Mar 16 at 9:09 am

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 construction of four two-story multi-family buildings, totaling 64 units. The site is located in a rapidly growing area, 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, presenting a rare opportunity to build in a fast-growing market on the Carolina coast. This shovel-ready development site offers an opportunity for developers and investors.

Key Highlights

  • Shovel‑ready: Fully entitled for 64 units, allowing immediate construction.
  • Prime location: Situated in a rapidly growing area, 15 minutes from the ocean.
  • Cost savings: Storm water drainage/detention largely completed and pump station in place, saving significant infrastructure costs.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Parking Lot & Garage Electrical Service Storage Facility Furniture & Home Goods (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Law Firm Real Estate Agency Daycare Center

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

FAQs

What type of property is this?
Apartment building - Shovel-ready 64-unit development site in a rapidly growing area.
Where is this apartment building located?
The property is located at 98 Wildwood Shallotte, NC.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Shovel‑ready: Fully entitled for 64 units, allowing immediate construction.; Prime location: Situated in a rapidly growing area, 15 minutes from the ocean.; Cost savings: Storm water drainage/detention largely completed and pump station in place, saving significant infrastructure costs.
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