Highlands Glen Dr Shallotte, NC 28470

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.