$275,000

1604 Old Ocean Highway

Bolivia NC, 28422

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.

Details

MLS#100193482
Sub-TypeResale
StatusActive
Days On Site23

Features

ZoningR75
Acreage16.51

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Area Information

StateNC
CountyBrunswick
CityBolivia
Zip Code28422
AreaBrunswick
Community NameNot In Subdivision
Listing VS Median (in Not In Subdivision)
Price:
$275,000
low | high
Med:
$135,000
100% of Average
On Site:
23
low | high
Med:
476
4.831932773109% of Average
Listing Updated: 12/10/2019
MLS Number: 100193482
Listing Provided By:
Jessica M Wainwright  of  Live Love Brunswick
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