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10118 Blackwell Rd SE - Brunswick Co NC 26 AC Gateway Commercial Site 26.64 Acres of Commercial Land Offered at $9,800,000 in Belville, NC 28451
Investment Highlights
- 10118 Blackwell Road SE is a 26-acre development site zoned BH-Business Highway in Brunswick County, located only 3 miles from Wilmington.
- Zoning allows for hotels, restaurants, shopping centers, groceries, and gas stations/c-stores, plus there is potential for multifamily rezoning.
- Invest in growth as total households within a 3-mile radius are projected to increase by 25.5% by 2029, after rising by 16% from 2020 to 2024.
- Boasting over 2,400 feet of road frontage on US 17 Ocean Highway (Hwys 17/76/74), garnering impressions from over 72,000+ vehicles per day on average.
- Water, sewer, natural gas, and heavy power are available at the site, with a road system to access the entire site and an approved driveway.
- Register in the Data Room to access due diligence documents or contact the broker to learn more about this opportunity today.
Executive Summary
Build the next big thing in booming Brunswick County, North Carolina, by acquiring this development-ready tract presented by SVN | Efird Commercial Real Estate.
10118 Blackwell Road SE spans approximately 26 acres with valuable arterial roadway frontage along US 17 Ocean Highway (Highways 17/76/74). This is a truly shovel-ready opportunity with water, sewer, natural gas, fiber optic, and heavy power available at the site. Additionally, a road system is in place to access the entire property, and NCDOT has approved a 30-foot commercial driveway entrance off Blackwell Road.
Zoned BH-Business Highway, developers will have immense flexibility to build mixed-use projects at this site. Approved BH uses include hotels, restaurants, shopping centers, grocery stores, gas stations/convenience stores, and more. The site may also be rezoned for multifamily apartment use, and the expert brokerage team can assist in this process.
Brunswick County has sparked significant interest from major real estate players as one of the fastest-growing counties in both North Carolina and the US. Just from 2022 to 2026, roughly 923,000 square feet of commercial space has been delivered within a 10-minute drive of the site, underpinning the market’s brimming demand. This level of investment was spurred by unprecedented migration and income growth. As part of the Wilmington MSA, which borders the Myrtle Beach MSA, Brunswick County is a major beneficiary of the region’s multifaceted economy.
Historically prominent sectors, such as logistics, tourism, healthcare, and aviation, have continued to anchor the economy. Meanwhile, office-using employment in the Wilmington market increased by 22.6% from 2020 through 2025, highlighting this ever-diversifying landscape. 10118 Blackwell Road SE is strategically positioned to maximize any development’s exposure to this thriving market, thanks to its freeway visibility and easy access to destinations such as Historic Downtown Wilmington, Wilmington International Airport, water port terminals, and Wrightsville Beach.
Join in on the exciting transformations of this unique market by securing the prime development site at 10118 Blackwell Road SE today. Get in touch.
10118 Blackwell Road SE spans approximately 26 acres with valuable arterial roadway frontage along US 17 Ocean Highway (Highways 17/76/74). This is a truly shovel-ready opportunity with water, sewer, natural gas, fiber optic, and heavy power available at the site. Additionally, a road system is in place to access the entire property, and NCDOT has approved a 30-foot commercial driveway entrance off Blackwell Road.
Zoned BH-Business Highway, developers will have immense flexibility to build mixed-use projects at this site. Approved BH uses include hotels, restaurants, shopping centers, grocery stores, gas stations/convenience stores, and more. The site may also be rezoned for multifamily apartment use, and the expert brokerage team can assist in this process.
Brunswick County has sparked significant interest from major real estate players as one of the fastest-growing counties in both North Carolina and the US. Just from 2022 to 2026, roughly 923,000 square feet of commercial space has been delivered within a 10-minute drive of the site, underpinning the market’s brimming demand. This level of investment was spurred by unprecedented migration and income growth. As part of the Wilmington MSA, which borders the Myrtle Beach MSA, Brunswick County is a major beneficiary of the region’s multifaceted economy.
Historically prominent sectors, such as logistics, tourism, healthcare, and aviation, have continued to anchor the economy. Meanwhile, office-using employment in the Wilmington market increased by 22.6% from 2020 through 2025, highlighting this ever-diversifying landscape. 10118 Blackwell Road SE is strategically positioned to maximize any development’s exposure to this thriving market, thanks to its freeway visibility and easy access to destinations such as Historic Downtown Wilmington, Wilmington International Airport, water port terminals, and Wrightsville Beach.
Join in on the exciting transformations of this unique market by securing the prime development site at 10118 Blackwell Road SE today. Get in touch.
Offering Memorandum
Data Room Click Here to Access
- Appraisal Card
- Environmental Assessment & Wetland Determination
- Belville Project Updates
- Deed
- Zoning Information
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $9,800,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 26.64 AC |
| Property Type | Land | ||
| Zoning | BH - BH - Business Highway | ||
| Price | $9,800,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 26.64 AC |
| Zoning | BH - BH - Business Highway |
1 Lot Available
Lot
| Price | $9,800,000 | Lot Size | 26.64 AC |
| Price Per AC | $367,867.87 |
| Price | $9,800,000 |
| Price Per AC | $367,867.87 |
| Lot Size | 26.64 AC |
US Hwy 17/74/76 site in the Town of Belville, Brunswick County, NC, one of the fastest growing counties in the US & NC, and part of the Wilmington MSA (Metropolitan Statistical Area) which borders the Myrtle Beach, SC MSA to the south.
Description
This 26.64-acre commercial site offers a rare opportunity along US Highway 17/74/76 in Belville, North Carolina, just three miles from Wilmington. Positioned in one of the fastest-growing counties in the state, the property boasts exceptional visibility and accessibility with over 72,000 vehicles passing daily. Zoned Business Highway (BH), the site supports a wide range of approved uses including hotels, restaurants, shopping centers, grocery stores, offices, and convenience stores. The property features approximately 2,400 feet of highway frontage and an NCDOT-approved 30-foot commercial driveway entrance off Blackwell Road, ensuring seamless ingress and egress. Infrastructure is in place with road access throughout the site, and utilities such as water, sewer, natural gas, fiber optic, and heavy power are available. The land has been partially cleared and includes multiple ponds, adding flexibility for development. Located within minutes of the Brunswick River and Cape Fear River, the site is 3.5 miles from Historic Downtown Wilmington and seven miles from Wilmington International Airport. Its strategic position within the Wilmington MSA and proximity to Myrtle Beach SC MSA enhances its appeal for regional and national operators seeking a high-traffic corridor in a rapidly expanding market.
Nearby Amenities
Hotels |
|
|---|---|
| Tru by Hilton |
99 rooms
8 min drive
|
| Holiday Inn Express |
105 rooms
8 min drive
|
| Best Western Plus |
100 rooms
8 min drive
|
| Courtyard |
124 rooms
11 min drive
|
| Hampton by Hilton |
92 rooms
10 min drive
|
Property Taxes
| Parcel Number | 03800030 | Improvements Assessment | $0 |
| Land Assessment | $259,740 | Total Assessment | $259,740 |
Property Taxes
Parcel Number
03800030
Land Assessment
$259,740
Improvements Assessment
$0
Total Assessment
$259,740
Sale Advisors
Sale Advisors
Frank Efird, Managing Director / Principal
Frank Efird Jr is the Managing Director / Partner at SVN | Efird Commercial Real Estate, a collaborative force that accelerates clients' growth by harnessing the power of shared data, knowledge, and opportunities within the commercial real estate industry. He has over 35 years of experience in developing, selling, and leasing properties across North Carolina and Florida, with a focus on 1031 exchanges, asset management, and marketing.
He is also the Managing Partner of Efird Companies, the original developer of the Town of River Bend, a 50+ year Planned Unit Development (PUD) that encompasses residential homes, golf and country club, marina and commercial center. He oversees the operations, finances, and strategies of the company. He is passionate about creating sustainable and livable communities that enhance the quality of life and the environment.
Frank attended the University of North Carolina - Chapel Hill, NC State University - Raleigh, and Louisburg College. His memberships and associations include the Wilmington Chamber of Commerce, the Graduate REALTORS Institute, the REALTORS Commercial Alliance of Southeastern North Carolina (RCASENC), ICSC, and the Wilmington Downtown Business Alliance.
He is also the Managing Partner of Efird Companies, the original developer of the Town of River Bend, a 50+ year Planned Unit Development (PUD) that encompasses residential homes, golf and country club, marina and commercial center. He oversees the operations, finances, and strategies of the company. He is passionate about creating sustainable and livable communities that enhance the quality of life and the environment.
Frank attended the University of North Carolina - Chapel Hill, NC State University - Raleigh, and Louisburg College. His memberships and associations include the Wilmington Chamber of Commerce, the Graduate REALTORS Institute, the REALTORS Commercial Alliance of Southeastern North Carolina (RCASENC), ICSC, and the Wilmington Downtown Business Alliance.
Win Edwards, Advisor
With a diverse background in both commercial real estate and operations management, Win brings a wealth of experience to his role as a commercial real estate professional. He honed his skills during his tenure at SVN Efird Commercial Real Estate in Wilmington, NC, where he worked from 2021 to 2023, specializing in commercial property transactions.
Prior to his real estate career, Win served in various leadership positions, including Assistant General Manager at Southco Distributing Company in Goldsboro, NC, from 2013 to 2021, and Vice President of Operations at Coastal Wholesale Grocery in Kinston, NC, from 1980 to 2013. These roles provided him with invaluable insight into business operations and strategic planning, which he now applies to his real estate endeavors.
Win holds a NC Broker License obtained in 2006, further solidifying his expertise in the real estate industry. He is an active member of several professional associations, including CAPE FEAR REALTORS®, REALTOR® Commercial Alliance Southeastern North Carolina (RCASENC), and NC REALTOR®.
With a commitment to excellence and a deep understanding of both the commercial real estate market and business operations, Win is dedicated to providing exceptional service to his clients and helping them achieve their commercial real estate goals.
Prior to his real estate career, Win served in various leadership positions, including Assistant General Manager at Southco Distributing Company in Goldsboro, NC, from 2013 to 2021, and Vice President of Operations at Coastal Wholesale Grocery in Kinston, NC, from 1980 to 2013. These roles provided him with invaluable insight into business operations and strategic planning, which he now applies to his real estate endeavors.
Win holds a NC Broker License obtained in 2006, further solidifying his expertise in the real estate industry. He is an active member of several professional associations, including CAPE FEAR REALTORS®, REALTOR® Commercial Alliance Southeastern North Carolina (RCASENC), and NC REALTOR®.
With a commitment to excellence and a deep understanding of both the commercial real estate market and business operations, Win is dedicated to providing exceptional service to his clients and helping them achieve their commercial real estate goals.
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10118 Blackwell Rd SE - Brunswick Co NC 26 AC Gateway Commercial Site
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