600 River Road SE, Belville, NC 28451 (MLS# 100270560)
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
Status: Closed
Delayed Marketing?: No
Marketing Start Date: 2021-05-10
Sub-Type: Undeveloped
Auction: No
Listing Price: 1680000
Current Price: $1,575,000
List Price/Acre: 284745.76
Stipulation of Sale: Standard
Location Information
Street #: 600
Street Name: River
Street Suffix: Road
Post Direction: SE
County: Brunswick
State/Province: NC
Zip Code: 28451
City Limits: No
Marketing City: Belville
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 34.217469
Geo Lon: -77.980531
Remarks and Showing
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.
Sign on Property: No
Property Exterior Info
Acres - Total: 5.9
Lot SqFt: 257004
Deed Restriction: No
Total Road Frontage: 495
Waterfront: Yes
Water Frontage: 598
Waterview: Yes
Location Type: Mainland
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
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
Last Updated: March - 26 - 2024
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