Property profile

0 Forest Dr Shallotte, NC 28470

OFF-MARKET
Land
8 ac lot
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Property summary

AI-generated overview

This exceptional 8-acre commercial land parcel presents a unique investment opportunity in rapidly growing Brunswick County, North Carolina. Located on Forest Drive in Shallotte, this property boasts a B-2 zoning designation, offering flexibility for a variety of commercial uses, including office, retail, distribution, and some light industrial applications. Future use plans call for HB zoning. The site enjoys convenient access to major thoroughfares such as Main Street, Highway 17, and Highway 179, providing easy access to Ocean Isle and Sunset Beach. Utilities include Brunswick Electric Membership Corp. power, water, and sewer (requiring rezoning and annexation for full sewer service). A portion of the land lies south of the Highway 17 Bypass. The parcel ID is 1820004101. This strategic location benefits from proximity to established retail power centers, including a Walmart and a Home Depot/Belk complex, as well as numerous restaurants, banks, and service businesses. Brunswick County's consistent growth, ranking as the fastest-growing county in North Carolina for the past two years, further underscores the investment potential of this property. The property is ideally suited for service businesses catering to the area's expanding residential population, such as HVAC, plumbing, flooring, or showroom spaces. The sale price is $68,750 per acre.

Property profile

Verified
Property type Land
Lot 8 ac (348,480 SF)

Cap rate & NOI

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

Location

Forest Dr 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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