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624 Blackwater Dr SW - 624 Blackwater Drive, SW, Calabash, NC 28467 70 Acres of Commercial Land Offered at $4,648,000 in Calabash, NC 28467



INVESTMENT HIGHLIGHTS
- Site offers great ingress and egress with frontage on Ocean Hwy 17 and Thomasboro road
- Located near heavily trafficked and signalized corner.
EXECUTIVE SUMMARY
PROPERTY FACTS Under Contract
| Price | $4,648,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 70.00 AC |
| Property Type | Land |
| Price | $4,648,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Development |
| Total Lot Size | 70.00 AC |
1 LOT AVAILABLE
Lot
| Price | $4,648,000 | Lot Size | 70.00 AC |
| Price Per AC | $66,400.00 |
| Price | $4,648,000 |
| Price Per AC | $66,400.00 |
| Lot Size | 70.00 AC |
Land for sale
DESCRIPTION
70 acres offering an extraordinary opportunity for development right in the center of growing and bustling Calabash. This property is engineered, and approved with Brunswick county for 164 homesites. The site offers great ingress and egress with frontage on Ocean Hwy 17 and Thomasboro road, which is a heavily trafficked and signalized corner. It is a very desirable development corridor offering quick access to world class beaches, shopping and restaurants. Thomasboro road is a primary access to Sunset beach which is only 8 miles from this site and Ocean Isle Beach is 12 miles. Myrtle beach is 30 miles to the south, and Wilmington is 50 miles to the north along Ocean Hwy 17. The seller has already done a wetlands delineation, soil test, and subdivision plat. The commercial and the multifamily reflected on the site plan are not included with the sale of this property, the seller will retain these sections (Lots 49-70, and 5 acre commercial space). Property is part of a larger tract and will need to be surveyed and subdivided prior to commencing the sale.
Presented by
624 Blackwater Dr SW - 624 Blackwater Drive, SW, Calabash, NC 28467
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