600 River Road SE, Belville, NC 28451

$1,575,000
Property Type: Land Lot Size (sq. ft.): 257,004 Status: Closed
Current Price: $1,575,000 List Date: 4/05/2022 Last Modified: 3/26/2024

Description

Rare +/- 5.9 acre development parcel with approximately 598' of frontage on the Brunswick River within the Belville town limits with municipal water and sewer available. The current R10 zoning could allow ten or more single family lots with clubhouse, common area and private marina. The highest and best use of a high-end multifamily waterfront community with private marina may be achieved through a rezoning or Special Use Permit. Preliminary concept plans for single family development and townhouse development are attached for reference. The subject is located less than 1/4 mile from Belville Elementary School and the Brunswick Riverwalk Park at Belville, less than two miles from the Leland Village Rd corridor, Magnolia Greens and Westgate commercial nodes and a quick jaunt over the Cape Fear River into Historic Downtown Wilmington. The location provides easy access to both the New Hanover and Brunswick County beaches plus Southport and Bald Head Island via automobile or boat. Nearby highway and interstate access includes US 74/ 76, US 421, US 17, I-140 and I-40. Brunswick County is the fastest growing county in North Carolina and the adjacent Wilmington MSA is #1 in the country for inbound moves. The Leland/Belville submarket enjoys one of the highest net worth demographics in the region with continued residential and major commercial development. Paired with a regional housing shortage the area is ripe for successful residential development selling at premium prices faster than it can be built. There are two exempt prospects for this property.

More Information MLS# 100270560

Contract Info

Delayed Marketing?: No Sub-Type: Undeveloped Auction: No List Price/Acre: 284745.76 Stipulation of Sale: Standard Status: Closed Marketing Start Date: 2021-05-10 Listing Price: 1680000 Current Price: $1,575,000

Location Information

City Limits: No Marketing City: Belville Secondary Subdivision: N/A Street #: 600 Street Name: River Street Suffix: Road Post Direction: SE County: Brunswick State/Province: NC Zip Code: 28451 Subdivision: Not In Subdivision Geo Lat: 34.217469 Geo Lon: -77.980531

Remarks and Showing

Sign on Property: No Directions to Property: Take US-74 West towards Whiteville. Turn left onto US-421. Take the exit onto NC-133 South towards Southport, Oak Island. Continue down until you reach the property on the left.

Property Exterior Info

Acres - Total: 5.9 Lot SqFt: 257004 Deed Restriction: No Waterfront: Yes Total Road Frontage: 495 Waterview: Yes Location Type: Mainland Water Frontage: 598

Legal and Taxes

Tax Assessed Value: 564950 Deed Book: 00764 Deed Page: 702 Legal: 6.60 Ac Broker Owner: No PID: 310720812712 Tax Identifier: 048cb00101 Plat Book: Of Record Plat Page: Of Record Special Assessments: None Tax Year: 2016 Zoning: R10 HOA: No Cobra Zone: No Elementary School: Belville Middle School: Leland High School: North Brunswick

Current Use

Timber: 1

Bldgs on Property

None: 1

HOA and Neigh Amenities

No Amenities: 1 Waterfront Community: 1

Soil Evaluation

Soil Evaluation - No: 1

Frontage Type

River: 1

View Type

River: 1 Water: 1

Topography

Sloped: 1 Wooded: 1

Lot Water Features

Deeded Water Rights: 1 Water Access Comm: 1 Water Depth 4+: 1

Terms

Cash: 1 Conventional: 1

Fuel Tank

None: 1

Environmental Hazard

Unknown: 1

Lot Description

Deeded Water Rights: 1 Water Depth 4+: 1 Wooded: 1

Road Type/Frontage

Public (City/Cty/St): 1

Utilities

Sewer Available: 1 Water Available: 1

Sewer

Municipal Sewer: 1

Water Source

Municipal Water: 1

Status Change Info

Under Contract Date: 2023-10-16 Sold Price: $1,575,000 Sold Date: 2024-03-25

Property Features

Current Use: Timber Bldgs on Property: None Soil Evaluation: Soil Evaluation - No Frontage Type: River Topography: Sloped; Wooded View Type: River; Water Fuel Tank: None Environmental Hazard: Unknown Lot Description: Deeded Water Rights; Water Depth 4+; Wooded Utilities: Sewer Available; Water Available Sewer: Municipal Sewer Water Source: Municipal Water Lot Water Features: Deeded Water Rights; Water Access Comm; Water Depth 4+ HOA and Neigh Amenities: No Amenities; Waterfront Community Terms: Cash; Conventional
Listing Office: Nest Realty
IDX
Last Updated: March - 26 - 2024
Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.