1604 Old Ocean Hwy

$275,000, 719,176 Sqft 16.51 Acres

About This Property

16 partially cleared acres are sitting pretty less than 2 minutes from the campus of Brunswick Community College and just 3 minutes from the major artery between Myrtle Beach and Wilmington, US Highway 17. Zoned R7500, this residential property would be perfect for nearby campus housing for the close to 2,000 students of BCC, over 100 of which are student athletes. County sewer and water is available.Purchase the 14 acre tract (R75) to the left of the property; the close to 80 acres (R75) that the property backs up to; and the 66 acres zoned Commercial (CLD) next to that, and you'll have +/- 176 acres with multiple entry points from Old Ocean Highway, Gilbert Road SE as well as Benton Road SE. The viability of affordable housing on this tract alone is plentiful. We are thinking a single-family, or even the growing popularity of multi family modular construction, would allow an investor, developer and/or builder to reap the rewards of a faster construction process that eliminates wasted materials resulting in cost savings. We are working with a company that blends traditional and prefabrication construction techniques brought together to develop the future of affordable housing. A proposed development will utilize modules combined to produce a mix of single room occupancy (SRO) units, 1, 2 and 3 bedroom housing units, office and retail modules. The development can also pursue the reduction of county/city provided utilities through the use of atmospheric generation for water and solar power for electrical energy. Each building is a miniature self contained, energy and water plant providing services for its occupants as well as co-sharing in the campus wide utility services. The goal would be to create a medium density development that provides amenities and open space with a build-out timeline that surpasses traditional construction methods.Reach out to us to learn more about the possibilities.

Essential Information

MLS® #100193482
Price$275,000
Square Footage719,176
Acres16.51
TypeLand/Acreage/Site
Sub-TypeResidential
StatusActive

Community Information

Address1604 Old Ocean Hwy
AreaNot In Subdivision
SubdivisionNot In Subdivision
CityBolivia
CountyBrunswick
StateNC
Zip Code28422

Amenities

AmenitiesNo Amenities

Utilities

Municipal Sewer Avail, Municipal Water Avail

Exterior

Lot Description

320 x 738 x 453 x Irregular x 1088

School Information

ElementaryBolivia
MiddleS. Brunswick
HighS. Brunswick

Additional Information

Date ListedNovember 17th, 2019
Days on Market1
ZoningR75
Short SaleYes

Listing Details

OfficeLive Love Brunswick

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