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Property profile & analytics
OFF-MARKET
Land

II George Hwy Boiling Spring Lakes, NC 28461

1 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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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