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Property profile & analytics
OFF-MARKET
Land

0 Town Center Rd Sunset Beach, NC 28468

1.58 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.58-acre commercial land parcel, situated in the rapidly growing Calabash Town Center in Brunswick County, North Carolina, presents a unique investment opportunity. Located on Town Center Rd, this "grade and go" site boasts prime visibility along Highway 179/Old Georgetown Rd, experiencing high daily traffic counts (Old Georgetown Rd: 10,430 CPD in 2021). All necessary access roads and utilities are already in place, with stormwater management handled off-site, simplifying development. The property is conveniently located north of an apartment complex entry, ensuring high visibility and accessibility. This versatile parcel is ideal for a wide range of commercial uses, including medical facilities, self-storage, or car washes. The surrounding area demonstrates robust growth, with Brunswick County being the fastest-growing county in the state, and Calabash experiencing a significant population increase (7.6% from April 2020 to July 2021, adding 2,192 residents). The area's strong economy is supported by a substantial workforce (53.9k employees in Brunswick County) with key industries including retail, healthcare, and construction. Within a 5-mile radius, the property benefits from a population of 20,139, 6,734 employed residents, and an average household income of $57,525.80. A 7-minute drive to Highway 17 provides easy access to Southeastern North Carolina. The asking price for this exceptional property is $500,000.

Property profile
Verified
Property type Land
Lot 1.58 ac (68,825 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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