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101 Highlands Glen Dr - Highland Forest Phase 5 20.3 Acres of Commercial Land Offered at $3,000,000 in Shallotte, NC 28470
Investment Highlights
- ±20.3-acre site with direct access to US Highway 17 South.
- ±1,500 feet of road frontage along Frontage Road NW.
- Surrounded by major retailers and dining including Walmart and Chick-fil-A.
- Zoned MF-14 for multifamily residential development.
- Includes ±2.8-acre recreational pond for amenity integration.
- Wetland mitigation underway to support development readiness.
Executive Summary
The site is surrounded by a robust mix of national retailers and dining options, including Walmart, Home Depot, Chick-fil-A, Belk, Marshalls, and Food Lion, providing future residents with unmatched convenience. Its location offers excellent ingress and egress from Highway 17 and is just a short drive from the beaches of Brunswick County and the vibrant attractions of Myrtle Beach.
Wetland Mitigation currently underway.
Property Facts
| Price | $3,000,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 20.30 AC |
| Property Type | Land | ||
| Zoning | MF-14 - Multifamily | ||
| Price | $3,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 20.30 AC |
| Zoning | MF-14 - Multifamily |
1 Lot Available
Lot
| Price | $3,000,000 | Lot Size | 20.30 AC |
| Price Per AC | $147,783.25 |
| Price | $3,000,000 |
| Price Per AC | $147,783.25 |
| Lot Size | 20.30 AC |
This site is located at the entrance to The Highlands development and boasts approximately 1,500 ft of frontage along Frontage Rd. which runs parallels to US HWY 17 S. A 2.8 +/- recreational pond sits on the property.
Description
Highland Forest: Phase 5 presents a prime ±20.3-acre development opportunity at the gateway to The Highlands community in Shallotte, North Carolina. With approximately 1,500 feet of frontage along Frontage Road NW, which parallels the heavily trafficked US Highway 17 South, the site offers exceptional visibility and access in a rapidly growing coastal market. Zoned MF-14 by the Town of Shallotte, the property is ideally suited for multifamily residential development. A ±2.8-acre recreational pond adds natural appeal and potential for integrated open space or amenity features. Wetland mitigation is currently underway, streamlining the path to development. The site is surrounded by a robust mix of national retailers and dining options, including Walmart, Home Depot, Chick-fil-A, Belk, Marshalls, and Food Lion, providing future residents with unmatched convenience. Its location offers excellent ingress and egress from Highway 17 and is just a short drive from the beaches of Brunswick County and the vibrant attractions of Myrtle Beach. Demographic trends within a 30-minute drive show a population of over 117,000 with average household incomes nearing $90,000, indicating strong demand for quality housing options. With its scale, zoning, and strategic location, Highland Forest: Phase 5 is an ideal canvas for developers seeking to capitalize on the region’s residential growth and lifestyle appeal.
Property Taxes
| Parcel Number | 1820004209 | Improvements Assessment | $0 |
| Land Assessment | $532,470 | Total Assessment | $532,470 |
Property Taxes
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101 Highlands Glen Dr - Highland Forest Phase 5
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