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    OFF-MARKET
    Land

    40 Waterford Business Ctr Way, Belville, NC 28451

    0.53 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.53-acre commercial lot, situated in the desirable Waterford Business Center Way in Belville, North Carolina (zip code 28451), presents a prime opportunity for development. Priced at $700,000 ($1,273,585 per acre), this pad-ready site is part of a low-country style business park with five available lots. The developer will complete all site work, including grading, utility installation (storm water included), parking, and common area improvements, with estimated completion in Q2 2024. The property boasts 111 parking spaces and enjoys excellent visibility from US-74, a major thoroughfare with a daily traffic volume of 53,500 vehicles. Zoning permits both office and retail uses, making this a versatile location for a variety of businesses. This build-ready site offers a unique opportunity to establish a presence in a thriving business park with convenient access and high visibility. The property's location in Brunswick County, North Carolina, provides easy access to local amenities and a strong regional economy. Don't miss this chance to secure a prime commercial lot in a rapidly developing area.

    Property profile
    Verified
    Property type Land
    Lot 0.53 ac (23,087 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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