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    OFF-MARKET
    Land

    5100 Ocean Hwy, Shallotte, NC 28470

    8.87 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8.87-acre commercial land parcel presents a remarkable investment opportunity in the thriving Shallotte, North Carolina market. Located on Ocean Highway (Highway 17), this property boasts over 400 feet of road frontage, ensuring high visibility and accessibility. The strategic location in rapidly growing Southern Brunswick County benefits from exceptional daily traffic counts, exceeding 27,500 vehicles (per NCDOT 2021 data). Convenient ingress and egress is provided via Highway 17 and Old Shallotte Road, with a pre-existing driveway and deceleration lane already established. Currently zoned C-LD by Brunswick County, the property is well-suited for a diverse range of commercial uses, including retail, medical facilities, office spaces, and self-storage. An existing stormwater pond is on-site, though potential expansion may be necessary for future development plans. This prime location and versatile zoning make this an ideal site for a variety of commercial ventures. The property's APN is 2120001202. The asking price is $1,800,000.

    Property profile
    Verified
    Property type Land
    Lot 8.87 ac (386,377 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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