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4571 Smith Avenue, Shallotte, NC 28470

$2,562,000
Property Type: Comm Sale or Lease Lot Size (sq. ft.): 4,893,095 Status: Closed
Current Price: $2,562,000 List Date: 5/19/2020 Last Modified: 1/20/2022

Overview

Description

Magnificent 112 acres of land in the Commercial Center of Shallotte, NC. Ideal for a mixed use development with retail and commercial uses along Smith Ave. and residential communities along the marsh and riverfront. Property contains a mixture of woodlands and cleared areas on the approximately 60 acres of high ground and approximately 52 acres of marsh and wetlands along the Shallotte River. This site sits directly across from Shallotte Crossing Shopping Center, home to Home Depot, Office Depot, Belk, along with numerous other restaurants and retailers. Coastal Walk Marketplace is currently under construction at the intersection of Main Street & Smith Avenue which will feature Ulta, Ross, Marshalls, PetSmart, Hobby Lobby and Rack Room. The Shallotte Riverfront Project sits across the Shallotte River from the site and will create a vibrant destination complete with shopping, dining, entertainment, business and residential space. The Riverfront Project is is in the planning and preli ...

Listing Details MLS# 100218287

Contract Info

Marketing Start Date
2020-05-08
Sub-Type
Unimproved Land
Sale/Lease
Sale
Auction
No
Listing Price
2950000
Stipulation of Sale
Standard

Location Information

Street #
4571
Street Name
Smith
Street Suffix
Avenue
County
Brunswick
State/Province
NC
Zip Code
28470
City Limits
Yes
Marketing City
Shallotte
Subdivision
Not In Subdivision
Secondary Subdivision
N/A

Remarks and Showing

Directions to Property
From Hwy 17 at Shallotte, take Smith Avenue SW to light at Main Street. 1st curb cut is just past Walgreens on the Right.
Sign on Property
Yes

Building Info

New Construction
No

Legal and Taxes

Tax Assessed Value
2391730
Deed Book
5838
Deed Page
453
Legal
55.35 ACRES OFF US 17 & 56.98 AC PLAT Q/135 OFF NC 130
Broker Owner
No
PID
50537790
Tax Identifier
19800019 & 1980001901
Special Assessments
none
Zoning
SH-HB, SH-B-2
HOA
No
Cobra Zone
No
Plat Book
No
Plat Page
No
Tax Year
0

Status Change Info

Under Contract Date
2020-08-27
Sold Date
2021-11-16

More Information

Building/Ext Features

Lot Acres
112.33
Lot SqFt
4893095
Lot Dimensions
2500x4000x5000x4000
Location Type
Mainland

Business Type

Mixed
Yes

Frontage Type

Marsh Front
Yes
River
Yes

View Type

Marsh View
Yes
River
Yes
Water
Yes

Terms

Cash
Yes

Sale/Lease Includes

Land
Yes

Lot Description

Wetlands
Yes
Wooded
Yes

Road Type/Frontage

Paved
Yes
Public (City/Cty/St)
Yes

Property Features

Business Type: Mixed Frontage Type: Marsh Front; River View Type: Marsh View; River; Water Lot Description: Wetlands; Wooded Terms: Cash
IDX
Listing Office: Intracoastal Realty
Last Updated: January - 20 - 2022
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