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
600 River Road SE, Belville, NC 28451- MLS# 100270560
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.