4571 Smith Avenue, Shallotte, NC 28470 (MLS# 100218287)

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

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 preliminary construction phase and will ultimately connect via walking trails across Main Street to the Mulberry Street Park, permanent home to the Shallotte Farmers Market equipped with an amphitheater, pavilion, playground, community garden and walking trails. The Town of Shallotte is the central point of commerce for the South Brunswick Islands, servicing the shopping, dining and recreational needs of the high net-worth year-round residents and tourists to the island resort communities.

More Information MLS# 100218287

Contract Info

Status: Closed Marketing Start Date: 2020-05-08 Sub-Type: Unimproved Land Sale/Lease: Sale Auction: No Listing Price: 2950000 Current Price: $2,562,000 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 Geo Lat: 33.978474 Geo Lon: -78.375787

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

Status Change Info

Under Contract Date: 2020-08-27 Sold Price: $2,562,000 Sold Date: 2021-11-16

Property Features

Business Type: Mixed Frontage Type: Marsh Front; River View Type: Marsh View; River; Water Lot Description: Wetlands; Wooded Terms: Cash
Listing Office: Intracoastal Realty
Last Updated: January - 20 - 2022
4571 Smith Avenue, Shallotte, NC 28470- MLS# 100218287
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