1604 Old Ocean Highway

    Bolivia, NC 28422
    • $275,000
    • STATUS: Active
    • ON SITE: 142 days
    • MLS #: 100193482
    UPDATED: 177 min ago
    $275,000
    • 0
      BEDS
    • 16.51
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    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.

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    © 2020 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. Data last updated 2020-04-08T23:57:08.503.
    www.century21sweyer.com/homes/101093478

    1604 Old Ocean Highway Bolivia, NC 28422

    • Price: $275,000
    • Status: Active
    • Updated: 177 min ago
    • MLS #: 100193482
    0
    Beds
    0
    Baths
    0
    ½ Baths
    16.51
    Acres
    Neighborhood:
    Not In Subdivision
    County:
    Brunswick
    Area:
    Bolivia
    Elementary School:
    Bolivia
    Middle School:
    South Brunswick
    High School:
    South Brunswick
    Property Description
    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.
    Exterior Features

    Buildings On Property None Location Type Mainland Lot Dimensions 320 X 738 X 453 X Irregular X 1088 Road Type Frontage PavedPublic (City/Cty/St) Topography Cleared/PartialLevel Total Road Frontage 320 Waterfront No Waterview No

    Interior Features

    Soil Evaluation Soil Evaluation - No

    Property Features

    Auction No City Limits No Cobra Zone No Deed Restriction No Environmental Hazard Unknown Fuel Tank None Hoa And Neighborhood Amenities No Amenities Hoa YN No Land Sub Type Residential Land Possession At Closing Secondary Subdivision N/A Tax Year 2018 Terms 1031 ExchangeBuild To SuitCashConstruction To Perm.ConventionalSeller Financing Water Sewer Municipal Sewer AvailableMunicipal Water Available Zoning R75



    Listing information © 2020 NCRMLS
    Listing provided courtesy of Jessica M Wainwright of Live Love Brunswick.


    © 2020 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. Data last updated 2020-04-08T23:57:08.503.
     
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    1612 Military Cutoff Road - Ste. 200
    Wilmington NC, 28403