Property profile

0 Long Beach Rd Southport, NC 28461

OFF-MARKET
Land
7.5 ac lot
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Property summary

AI-generated overview

This exceptional 7.5-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Brunswick County, North Carolina. Located on Long Beach Road SE in Southport, this property enjoys a highly desirable location between the vibrant town of Southport and the popular beaches of Oak Island. Currently zoned C1, this versatile site offers a wide range of development possibilities. Imagine creating a thriving retail center, a luxurious hotel, or a mixed-use development that caters to both commercial and residential needs. The zoning allows for a variety of uses, including retail establishments (restaurants, warehousing, storage, and retail sales and service), hotels (motels, retreat centers, and bed and breakfasts), and recreational facilities (golf driving ranges and outdoor recreation). Residential development options are also plentiful, encompassing multifamily, semi-attached, and single-family detached homes. This strategic location provides convenient access to local amenities and attractions, making it an ideal choice for developers seeking to capitalize on the area's booming growth. The asking price is $975,000, representing a compelling investment in one of North Carolina's fastest-growing counties. Don't miss this chance to secure a prime piece of coastal real estate and bring your vision to life in this thriving community. The property's 28461 zip code ensures easy access to the area's infrastructure and services. This is a rare opportunity to acquire a substantial land holding in a highly sought-after location.

Property profile

Verified
Property type Land
Lot 7.5 ac (326,700 SF)

Cap rate & NOI

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

Location

Long Beach Rd Southport, NC 28461
Southport 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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