600 River Road Se, Belville, NC 28451

Description

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.