Folly Hills Riverfront

0 Southport-Supply Road Southeast Bolivia, NC 28422

0 Southport-Supply Road Southeast, Bolivia, NC, 28422
0 Southport-Supply Road Southeast, Bolivia, NC, 28422 0 Southport-Supply Road Southeast, Bolivia, NC, 28422 0 Southport-Supply Road Southeast, Bolivia, NC, 28422 0 Southport-Supply Road Southeast, Bolivia, NC, 28422 0 Southport-Supply Road Southeast, Bolivia, NC, 28422 0 Southport-Supply Road Southeast, Bolivia, NC, 28422
FOR SALE
Property Type:
Residential Land Development
Amount:
$4,250,000
Last Verified:
Oct 24, 2024

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Description

Strong residential development opportunity in a very desirable section of Hwy 211 in Brunswick County. This site boasts over a half mile of frontage on the Lockwood Folly River. This section of the Lockwood Folly is navigable. This provides an opportunity for a unique subdivision amenity. There is 260± ft of frontage on Hwy 211, giving plenty of room for a subdivision entrance. This property is conveniently zoned CO-R7500, ideal or both single-family and multi-family development. There is a county sewer-main and water-main directly in front of this property on Hwy 211. Call broker for additional details.

This site is an expansive residential development land opportunity located in Bolivia, North Carolina, within Brunswick County. This property is strategically positioned along the well-traveled Southport-Supply Road (NC-211), a vital corridor connecting the coastal communities of Southport, Oak Island, and the surrounding areas. The site offers the perfect blend of rural tranquility and convenient access to neighboring towns, making it ideal for a residential development.

The property is just a short drive from the historic town of Southport and the popular coastal destinations of Oak Island and Holden Beach, offering future residents easy access to beaches, marinas, and a variety of outdoor activities. The nearby town of Shallotte and the growing city of Wilmington are also within reach, providing access to shopping, dining, healthcare, and other amenities.

Additionally, Bolivia is home to the Brunswick County Government Complex and Brunswick Community College, bringing further value to the area. As this region continues to grow, this property presents an excellent opportunity for a residential development that combines peaceful living with proximity to coastal and urban conveniences. The area’s natural beauty, paired with expanding infrastructure and development potential, makes it highly desirable for future residential projects.

Lot Size: 146.09 acres

Map of 0 Southport-Supply Road Southeast, Bolivia, NC, 28422

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.