Approximately 45.2 acres zoned C-LD/R7500 with over 350 feet of road frontage on Hwy 17 (Ocean Highway) in unincorporated Brunswick County. Proximity to fast growing Shallotte is ideal for combination of residential and/or commercial development. Based on market demographics and recent transactions in the immediate area, a built-for-rental community (BFR/SFR) may be highest and best use. Utilities are at the highway - buyer will need to consult with Brunswick County Utilities to confirm accessibility/capacity for their project. Pricing is based on density assuming existing zoning. C-LD allows for 7.3 single family/townhouse residential units/acre (with water/sewer) and 14 units/acre for multifamily. Offering includes 3.12 acres zoned C-LD. R7500 allows for 2.9 units/acre without water/sewer and 5.8 units/acre with water/sewer. Offering includes 42.08 acres zoned R7500. Link to Brunswick County UDO is part of this listing. Based on the acreage being offered, this would amount to a maximum of 287 units on 45.2 acres or $4,529/developed unit/lot with water/sewer. If buyer chooses to put multifamily in the C-LD portion, it could support 43 units on the 3.12 acres with highway frontage (approximately $7,650/door), while the R7500 section can provide 244 single family/townhouse units. Most new construction single family and townhomes in the area are selling for $280,000 to $350,000. Rental rates for similar products ranges from $1,350 - $2,600/month.
Property Details
Property Features
Listing Office:
Office Name: Berkshire Hathaway HomeServices Carolina Premier Properties
Lot Features
Lot Information:
Lot Size: 45.20 Acres
Other
Directions Information:
Directions: Highway 17 South towards South Carolina. Pass old Shallotte Rd NW and the property is about a mile on the left hand side.
Price Information
Listing Price Info
Price Summary:
List Price: $1,100,000
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Housing Market Comparison
See how this home compares to others in Ocean Isle Beach, NC.
This property is $492.4K more than the Median Sold Price in Ocean Isle Beach, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #100416164
Listing Office:
Office Name: Berkshire Hathaway HomeServices Carolina Premier Properties
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Union Elementary School
180 Union School Rd NW
Distance between this listing and this school2.45 miles
Public District Grades KG-5
4
/10
Jessie Mae Monroe Elementary School
250 Pea Landing Rd NW
Distance between this listing and this school2.78 miles
Public District Grades KG-5
7
/10
Ocean Drive Elementary School
901 11th Ave N
Distance between this listing and this school12.36 miles
Public District Grades PK-5
Nearby Schools
3
/10
Shallotte Middle School
225 Village Rd SW
Distance between this listing and this school6.51 miles
Public District Grades 6-8
7
/10
Waccamaw
5901 Waccamaw School Rd NW
Distance between this listing and this school8.18 miles
Public District Grades KG-8
7
/10
North Myrtle Beach Middle School
11240 Highway 90
Distance between this listing and this school12.26 miles
Public District Grades 6-8
Nearby Schools
5
/10
West Brunswick High School
550 Whiteville Rd NW
Distance between this listing and this school5.65 miles
Public District Grades 9-12
7
/10
North Myrtle Beach High School
3750 Sea Mountain Hwy
Distance between this listing and this school11.25 miles
Public District Grades 9-12
9
/10
Brunswick County Early College
50 College Rd NE
Distance between this listing and this school16.68 miles
The neighbors living near this home have an average income of $71,014. Residents of Ocean Isle Beach, NC typically earn between $35k-100k each year. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Ocean Hwy W
What is the listing price of this property?
The listing price of 0 Ocean Hwy W property is $1,100,000.
What type of property is this?
The property 0 Ocean Hwy W is land located in Ocean Isle Beach, North Carolina, 28469.
Is this property for sale now?
Active Listing: 0 Ocean Hwy W is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 0 Ocean Hwy W in Ocean Isle Beach, NC and zip code 28469. This home sits on a 45.20 acre lot. It has been listed on Rocket Homes since November 25, 2023 and is currently priced at $1,100,000.
In October 2024, from all listings sold in Ocean Isle Beach, NC there were more than 4 sold above asking price, over 22 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in Ocean Isle Beach, NC between September 2024 and October 2024 increased by 1.4%. While the average time on the market in October 2024 was 90 days, the median list price was $607,515.
From Rocket Homes Real Estate and based on county public records data.
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
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