Shallotte Development Opportunity: 64
For Sale
$1,275,000
98 Wildwood, Shallotte, NC 28470
Shovel-ready 64-unit development site in a rapidly growing area.
Property SizeContact for details
Days on Market456
Property Features for 98 Wildwood
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$2,477
Listing Agency:
CHICORA ADVANTAGE, LLC DBA COLDWELL BANKER SEA COAST ADVANTAGE
Listed By:
KENNY E SHERMAN
Source:
Corcoran
Added: Jun 6, 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 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
Current Use
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
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.
