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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.

Data Room Click Here to Access

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
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Community Center
  • Hotel
  • Master Planned Community
  • Medical
  • Motel
  • Neighborhood Center
  • Office Park
  • Outlet Center
  • Planned Unit Development
  • Single Family Development
  • Strip Center
  • Supermarket
Total Lot Size 26.64 AC
Zoning BH - BH - Business Highway

1 Lot Available

Lot

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.

Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
03800030
Land Assessment
$259,740
Improvements Assessment
$0
Total Assessment
$259,740
  • Listing ID: 38358270

  • Date on Market: 3/28/2025

  • Last Updated:

  • Address: 10118 Blackwell Rd SE, Belville, NC 28451

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