33 Ac Village Rd SW Shallotte, NC

423 Village Road Southwest Shallotte, NC 28470

423 Village Road Southwest, Shallotte, NC, 28470
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FOR SALE
Property Type:
Residential Land Development
Amount:
$3,995,000
Last Verified:
Apr 08, 2025

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Description

This 33.33-acre parcel in the heart of Shallotte, NC, Ideal for single-family or multi-family housing, retail, office space, or mixed-use development, this property is strategically positioned off Village Road, the corridor from Ocean Isle Beach to Main Street Shallotte. Listing is for Parcel 1970005506 and the portion of Parcel 19700055 south of Village Road. Zoned Highway Business Designated Mixed Use in the Future Land Use Plan allowing for 14 Units/Acre.

Located adjacent to Shallotte Middle School and directly across from Shallotte Commons Shopping Center, the property benefits from 16,500 vehicles per day and offers 1,900 feet of frontage on Village Road, providing excellent visibility and access. Carveouts on Village Road for Tideline Fabrics & Home Decor and Kozo Salon & Spa. Conveniently located just 0.2 miles from Highway 130 and 0.5 miles from the Village Road/Main Street intersection, this site offers seamless connectivity to Shallotte’s primary commercial corridors and surrounding areas.

Easy access to grocery, retail, medical and service providers in one of North Carolina’s most dynamic coastal markets. Surrounded by established residential communities, including Rivers Edge, Wildwood, and Brierwood, the site is ideally positioned to meet the growing demand for housing, retail, and commercial services in one of Brunswick County’s fastest-growing areas.

Between 2021 and 2022, out-of-state newcomers to Brunswick County had an average household income of $130,000, compared to $97,000 in neighboring New Hanover County. The average net worth of South Brunswick Islands residents has also surged to over $2.2 million, creating demand for goods and services that exceed current supply.

Lot Size: 33.0 acres


Documents

Prime_33_acre_development_opportunity_in_shallotte_nc_opt.pdf
village_rd_33_ac_survey_1.pdf
village_rd_33_ac_survey_2.pdf

Map of 423 Village Road Southwest, Shallotte, NC, 28470

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.