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    II George Hwy Boiling Spring Lakes, NC 28461
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    II George Hwy, Boiling Spring Lakes, NC 28461

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    • Land
    • 1.00 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for II George Hwy

    Lot size
    1.00 lot acres
    Property type
    Land

    Description

    This exceptional 70± acre commercial land parcel presents a significant development opportunity in the rapidly growing Brunswick County, North Carolina. Located on the east side of Highway 87 (George II Highway) at the entrance to Boiling Spring Lakes, this property boasts approximately half a mile of road frontage. The site is zoned C-1, permitting a wide range of commercial and mixed-use projects, including retail, office, and multifamily developments. Water and sewer services are readily available. The property is currently being cleared for immediate development, offering significant advantages to prospective buyers. Flexible parcel sizes are available, ranging from approximately 1 acre to the entire 70 acres, with pricing varying based on acreage: 1-2 acres at $400,000/acre, 2-5 acres at $350,000/acre, 5-10 acres at $300,000/acre, 10-20 acres at $250,000/acre, and 20 acres or more negotiable. This prime location, situated between Wilmington and Southport, offers unparalleled access to a thriving community with limited existing commercial services, creating a high demand for new businesses such as grocery stores, convenience stores, pharmacies, medical facilities, and restaurants. The property's strategic location and flexible development options make it an ideal investment for those seeking to capitalize on the growth of Boiling Spring Lakes and Brunswick County. The APN is 15600118.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Boiling Spring Lakes
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.0747
    Latitude
    34.0375
    More about this property
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