Property profile

2960 Frontage Rd Shallotte, NC 28470

OFF-MARKET
Land
4.36 ac lot
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Property summary

AI-generated overview

This exceptional 4.36-acre commercial land parcel is situated on highly trafficked Frontage Road NW in Shallotte, NC, the thriving business center of rapidly growing Brunswick County. Boasting nearly 300 feet of frontage, this cleared lot enjoys exceptional visibility and accessibility, with over 35,000 vehicles passing the nearby intersection of Hwy 17/Main St/Frontage Rd daily. The property's strategic location is further enhanced by its proximity to established businesses including Chick-fil-A and a soon-to-open Wawa convenience store. All utilities, including Town of Shallotte sewer, are readily available. A permitted driveway already accesses the property, simplifying development. Zoned SH-HB (Highway Business) by the Town of Shallotte, this versatile lot offers significant potential for a variety of commercial uses. The seller is willing to subdivide the property to accommodate specific development needs. Parcel numbers are 18200060 and 1820006006. This is a rare opportunity to acquire a prime commercial site in one of North Carolina's fastest-growing counties. Asking price is $1,800,000.

Property profile

Verified
Property type Land
Lot 4.36 ac (189,922 SF)

Cap rate & NOI

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

Location

2960 Frontage Rd Shallotte, NC 28470
Shallotte 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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