3680 Express Drive, Shallotte, NC 28470 (MLS# 100348827)

3680 Express Drive, Shallotte, NC 28470

$5,100,000

Property Type: Comm Sale or Lease Square Footage: 68,344 Lot Size (sq. ft.): 158,558 Status: Closed

Current Price: $5,100,000 List Date: 3/01/2023 Last Modified: 5/31/2024

Overview

Description

Property consists of 3.64-acre parcel of land comes with three individual buildings consisting of over 69,000 Square Feet of commercial space. The complex consists of a Store/Warehouse (45,135 SF), Warehouse with a Semi-Trail loading capabilities (11,781 SF) and an Office/Retail building consisting of 6 individual units. This property is ideal to be utilized by one owner operator needing large storeroom, warehouse and business office space. This also is ideal as a commercial leasing investment. The space is all separately metered and can be uses to accommodate many different types of business operations. The location provides high visibility and convenient accessibility as Shallotte is rapidly growing to be a main commercial HUB for the Brunswick County area and local communities. Currently 4 of the 6 office spaces are leased. This is a rare find in an rapidly growing/developing area.

Listing Details MLS# 100348827

Contract Info

Available Date: 2022-09-08
Delayed Marketing?: No
Marketing Start Date: 2022-09-12
Sub-Type: Improved
Garage: N/A
Space: Yes
Sale/Lease: Sale
Auction: No
Listing Price: 5350000
List Price/SqFt: 78.28
Stipulation of Sale: Standard

Location Information

Street #: 3680
Street Name: Express
Street Suffix: Drive
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 Wilmington take 74/76 west, take Route 17 South toward Shallotte. Express Drive is a service road off of Rt 17 prior to exit for the Town of Shallotte. Take Express Drive to the end and property is on the right.
Sign on Property: Yes

Building Info

New Construction: No

BuildingExt Features

SqFt - Heated (Primary): 68344

Legal and Taxes

Tax Assessed Value: 3782890
Total City Real Estate Property Tax: 39244
Deed Book: 1513
Deed Page: 987
Legal: 3.64 AC Off US 17 Plat 25/80
Broker Owner: No
PID: 1810005807
Tax Identifier: 1810005807
Total Real Estate Property Taxes: 39244.21
Special Assessments: None
Tax Year: 2022
Year Built: 2002
Zoning: HB
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes

More Information

Status Change Info

Under Contract Date: 2024-01-25
Sold Date: 2024-05-31

Miscellaneous

Ceiling Height: 20
Current Use: store/warehouse/offi

Current Service Providers

Electric Provider: Brunswick Electric
Sewer Provider: Brunswick County Public Utilities
Water Provider: Brunswick County Public Utilities

Financial Info

Financial Info: No
Real Estate Taxes: 39244
Insurance Expense: 35264
Common Area Maint: 8000

Property Features

Business Type: Auto Related; Business Flex; Food Service; Hotel/Motel; Industrial; Manufacturing; Mixed; Professional/Office; Retail; Shopping Center; Storage; Warehouse; Building Supply; Business Service; Commercial; Professional Service HOA and Neigh Amenities: See Remarks Attic: None Basement: None Construction: Concrete; Steel Frame; Wood Frame Exterior Finish: Brick Veneer; Metal Siding; Stucco; See Remarks Flooring: Concrete; Laminate Foundation: Slab Fuel Tank: None Green Bldg Features: None Parking Features: Off Street; Paved Roof: Membrane; Metal Lot Description: Other Current Use: Commercial; Office; Retail; Vacant; Other Location: Freestanding; Gen Bus District; See Remarks Lot Water Features: None Cooling: Central Air; Other Heating: Forced Air; Other Heating System Fuel Source: Electric Water Heater: Electric Utilities: Water Available Sewer: Municipal Sewer Water Source: Municipal Water Terms: 1031 Exchange; Cash; Conventional; Seller Financing Lease Types: Modified

IDX

Listing Office: Intracoastal Realty Corporation

Last Updated: May - 31 - 2024

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