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600 River Road SEBelville, NC 28451Price: $1,680,000

  • Price: $1,680,000
  • Est. Mortgage of $/month
  • 877 Days on Market
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Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,680,000List Price
  • 5.9Acreage
  • 257,004Square Feet
Listed by Eric G Knight of Nest Realty

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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.

Property Details of 600 River Road SE

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Based on information submitted to NC_RMLS as of October 3, 2023 11:47 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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