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HWY 17/Galloway Road - 48 Acres- Corner Tract HWY 17/Galloway Road 48 Acres of Commercial Land Offered at $4,000,000 in Bolivia, NC 28422
Investment Highlights
- Road Frontage- Highly Visiable
- Zoned CO-CLD
- Corner Lot
Executive Summary
Very strong raw-land-asset situated on a corner tract along Highway 17(Ocean HWY) in Brunswick County. This site is approximately 48 acres, all of which is zoned CO-CLD, which allows for a wide variety of commercial uses, and it allows for 13.6 units per acre for multi-family development. Site has over 3,000 feet of frontage along Highway 17 and over 1,600 feet of frontage along Galloway Rd. This property appears to contain mostly uplands, with the exception of a hardwood-bottom in the southwest corner of the property. However, buyer will be required to verify uplands with their own environmental professional. 2024 data reads that this section of Highway 17 sees 27,500 VPD, attributing to strong visibility. Corner parcels of this size, with CO-CLD zoning are rare to come to market. Gate is locked. Do not enter without listing broker.
Property Facts
| Price | $4,000,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Total Lot Size | 48.00 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | CO-CLD - County Commercial Low Density | ||
| Price | $4,000,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 48.00 AC |
| Opportunity Zone |
Yes |
| Zoning | CO-CLD - County Commercial Low Density |
1 Lot Available
Lot
| Price | $4,000,000 | Lot Size | 48.00 AC |
| Price Per AC | $83,333.33 |
| Price | $4,000,000 |
| Price Per AC | $83,333.33 |
| Lot Size | 48.00 AC |
Not walkable
10/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 1240000802 | Improvements Assessment | $0 |
| Land Assessment | $1,302,400 | Total Assessment | $1,302,400 |
Property Taxes
Parcel Number
1240000802
Land Assessment
$1,302,400
Improvements Assessment
$0
Total Assessment
$1,302,400
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