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
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.
More Information MLS# 100348827
Contract Info
Available Date: 2022-09-08
Delayed Marketing?: No
Sub-Type: Improved
Garage: N/A
Space: Yes
Sale/Lease: Sale
Auction: No
List Price/SqFt: 78.28
Stipulation of Sale: Standard
Status: Closed
Marketing Start Date: 2022-09-12
Listing Price: 5350000
Current Price: $5,100,000
Location Information
City Limits: Yes
Marketing City: Shallotte
Secondary Subdivision: N/A
Street #: 3680
Street Name: Express
Street Suffix: Drive
County: Brunswick
State/Province: NC
Zip Code: 28470
Subdivision: Not In Subdivision
Geo Lat: 33.984208
Geo Lon: -78.396478
Remarks and Showing
Sign on Property: Yes
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.
Building Info
New Construction: No
Building/Ext Features
# of Parking Spaces: 100
# of Units: 3
Lot Acres: 3.64
Lot SqFt: 158558
Lot Dimensions: 399 x 387 x 352 x 101 x 344
SqFt - Total Available: 45000
SqFt - Office: 12472
SqFt - Retail/Display: 45135
SqFt - Warehouse: 11781
Location Type: Mainland
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
Plat Book: 0
Plat Page: 0
Total Real Estate Property Taxes: 39244.21
Special Assessments: None
Tax Year: 2022
Zoning: HB
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Year Built: 2002
Business Type
Auto Related: 1
Business Flex: 1
Food Service: 1
Hotel/Motel: 1
Industrial: 1
Manufacturing: 1
Mixed: 1
Professional/Office: 1
Retail: 1
Shopping Center: 1
Storage: 1
Warehouse: 1
Building Supply: 1
Business Service: 1
Commercial: 1
Professional Service: 1
Current Use
Commercial: 1
Office: 1
Retail: 1
Vacant: 1
Other: 1
Miscellaneous
Ceiling Height: 20
Current Use: store/warehouse/offi
HOA and Neigh Amenities
See Remarks: 1
Attic
None: 1
Basement
None: 1
C & I Features
See Remarks: 1
Construction
Concrete: 1
Steel Frame: 1
Wood Frame: 1
Current Service Providers
Electric Provider: Brunswick Electric
Sewer Provider: Brunswick County Public Utilities
Water Provider: Brunswick County Public Utilities
Exterior Finish
Brick Veneer: 1
Metal Siding: 1
Stucco: 1
See Remarks: 1
Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Seller Financing: 1
Foundation
Slab: 1
Flooring
Concrete: 1
Laminate: 1
Fuel Tank
None: 1
Green Bldg Features
None: 1
Parking Features
Off Street: 1
Paved: 1
Sale/Lease Includes
Buildings: 1
Land: 1
See Remarks: 1
Roof
Membrane: 1
Metal: 1
Lot Description
Other: 1
Road Type/Frontage
4+ Lanes: 1
Paved: 1
Public (City/Cty/St): 1
Road/Trans Access
Airport: 16+ Miles
County Highway: Less than 5 Miles
Interstate: Less than 5 Miles
Port: 16+ Miles
Rail: 16+ Miles
State Highway: Less than 5 Miles
Lot Water Features
None: 1
Cooling
Central Air: 1
Other: 1
Location
Freestanding: 1
Gen Bus District: 1
See Remarks: 1
Heating
Forced Air: 1
Other: 1
Heating System Fuel Source
Electric: 1
Water Heater
Electric: 1
Utilities
Water Available: 1
Water Source
Municipal Water: 1
Sewer
Municipal Sewer: 1
Financial Info
Financial Info: No
Real Estate Taxes: 39244
Insurance Expense: 35264
Common Area Maint: 8000
Lease Types
Modified: 1
BuildingExt Features
SqFt - Heated (Primary): 68344
Status Change Info
Under Contract Date: 2024-01-25
Sold Price: $5,100,000
Sold Date: 2024-05-31
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
Listing Office:
Intracoastal Realty Corp
IDX
Last Updated: May - 31 - 2024
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