For Sale
$2,500,000

0 Highlands Glen DrShallotte, NC 28470

16.3 Acres, Prime Location, 228 Units Possible

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 16.3-acre development site presents a remarkable investment opportunity in Shallotte, North Carolina. Located at the entrance to The Highlands development, this property boasts approximately 1,500 feet of frontage along Frontage Road, which runs parallel to US Highway 17 South, ensuring excellent accessibility. The land is zoned MF-14 by the Town of Shallotte, allowing for the development of up to 228 units with a special use permit. Adding to its appeal, a 2.8-acre recreational pond is situated on the property. The strategic location offers unparalleled convenience, with close proximity to a wide array of retail, dining, and entertainment options, including well-known establishments such as Chick-fil-A, Walmart, Home Depot, Belk, Marshalls, and Food Lion. Easy access to Highway 17 South provides seamless connectivity, while the area's beautiful beaches and Myrtle Beach are just a short drive away. The property's Assessed Parcel Number (APN) is 1820004209. The asking price is $2,500,000, translating to approximately $88,670 per acre. This prime location and zoning potential make this a truly exceptional opportunity for high-density residential development.

Highlights

  • $2,500,000 asking price.
  • 16.3-acre residential land parcel.
  • MF-14 zoning, permitting 228 units with special use permit.
  • $88,669.95 per acre land value.
  • Located in Shallotte, NC, APN 1820004209.

Property Details for 0 Highlands Glen Dr

Property type
Land
Lot Size (sq. ft)
710,028 SF

Location Insight

City
Shallotte
County
Brunswick
State
North Carolina
Latitude
33.987862915671
Longitude
-78.370295573886
Highlands Glen Dr, Shallotte, North Carolina

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0 Highlands Glen Dr
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