Property profile

1224 Gray Bridge Rd SW 1 Shallotte, NC 28470

FOR SALE
Residential land & home lots
Property ID
US53-1465419
Entity Owned 1-yr Hold
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1224 Gray Bridge Rd SW,Unit 1, Shallotte, NC 28470 For Sale
$49,900
1224 Gray Bridge Rd SW,Unit 1, Shallotte, NC 28470
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Property summary

AI-generated overview

Discover the perfect opportunity to build your dream home on spacious, cleared residential lot, Perk'd for a 3-bedroom residence, this location offers incredible potential without the constraints of an HOA. Key features include location, location, location! Just minutes from the local dining, shipping and medical facilities, you'll enjoy the convenience of everything you need right at your fingertips. It's also a beach lover's paradise. A short distance from all area beaches, you can soak up the sun and enjoy coastal living whenever you desire. And oh! - the versatile building opportunities! Whether you envision a cozy family home or a stylish retreat, this lot is perfect canvas for whatever your heart desires. Don't miss out on this exceptional opportunity to create your own slice of paradise. *Listing Agent is related to Seller

Property profile

Verified
Property type Residential land & home lots
UPID US53-1465419

Cap rate & NOI

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

Location

1224 Gray Bridge Rd SW, Unit 1 Shallotte, NC 28470
Shallotte metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2025
1 recorded transaction
2025
$27,500

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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