Property profile

3147 George Ll Hwy Southport, NC 28461

OFF-MARKET
Commercial real estate
0.46 ac lot Built 1986
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Property summary

AI-generated overview

This exceptional 0.46-acre lot presents a unique opportunity for development in the desirable coastal town of Southport, North Carolina. Located at 3147 GEORGE LL Highway, this property offers significant potential for a variety of uses, subject to local zoning regulations. The expansive lot provides ample space for a custom home, a small-scale commercial venture, or a unique residential development. Its prime location offers easy access to the area's many attractions, including beautiful beaches, charming downtown Southport, and various recreational opportunities. The absence of existing structures allows for complete design flexibility, enabling the creation of a property tailored to specific needs and preferences. Buyers are encouraged to conduct their own due diligence regarding zoning, building codes, and potential development possibilities. This is a rare chance to acquire a substantial piece of land in a highly sought-after coastal location. The property's size and location make it an ideal investment for those seeking to build their dream home or capitalize on the growing demand for real estate in this vibrant coastal community. Seize this opportunity to create something truly special in a picturesque setting. The asking price is $415,000. Further details regarding utilities and access are available upon request.

Property profile

Verified
Property type Commercial real estate
Year built 1986
Lot 0.46 ac (20,038 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3147 George Ll Hwy Southport, NC 28461
Southport metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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