0 Us Hwy 17-Ocean Hwy Boiling Spring Lakes, NC 28479
This exceptional 8.78-acre commercial and industrial land parcel presents a prime development opportunity in Winnabow, North Carolina. Strategically located on US Hwy 17-Ocean Hwy West, this property offers significant visibility and accessibility. The land comprises two parcels (APN: 1820009702; 1820009701) zoned C-LD (Commercial-Low Density), ideal for a variety of uses. The C-LD zoning is designed for outlying areas adjacent to major thoroughfares, balancing commercial development with residential considerations through setbacks and yard requirements. This zoning allows for auto-dependent commercial facilities serving nearby residential neighborhoods, as well as highway-oriented tourist businesses. The asking price is $825,000, translating to approximately $93,964 per acre. This represents a compelling investment opportunity given the property's location, size, and zoning potential. The lease on any existing structures expires March 30, 2025. This property is ready for immediate development, offering significant potential for future growth and return.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.