101 Ocean Highway East

Property Description

18.5+/- Acres available on Hwy 17 in Supply, NC, approximately 500 ft from Hwy17/Hwy211 intersection. Zoned CO-CLD with approximately 1160 ft of frontage on Hwy 17. PER NCDOT, THE HWY 17/HWY 211 INTERCHANGE IS "CURRENTLY ON HOLD AND NOT ACTIVELY MOVING FORWARD IN DESIGN AND IS NOT CURRENTLY FUNDED FOR CONSTRUCTION". GIS overlays show the property to be nearly 100% dry and GIS overlays show favorable soil types. Very strong development opportunities. Traffic counts for this stretch of Hwy 17 range from 23,000-35,000 vehicles per day. In Brunswick County, CO-CLD zoning allows for a variety of business types. Retail, Medical, Self-Storage, Sales & Service, Multi-Family Development, to name a few. CO-CLD allows for 13.6 units per acre for Multi-Family Development, giving this property the potential to accommodate up to 251.6 units. A county provided utility map is attached to listing.