Listed by Cape Fear Commercial
$2,500,000
± 12.82 Acre MultiFamily Development Site
Details
Property Type Multifamily
Sub Type Apartment Building
Units 160
Acreage 12.820
Zoning BE—CBD & BE– MF (Brunswick County)
Multifamily | 160 Units
Marketing description
12.82-acre multifamily development site located in the riverfront town of Belville, NC, neighboring the rapidly growing coastal communities of Wilmington and Leland. This well-positioned site offers convenient access to historic downtown Wilmington, local beaches, major retail and business corridors, and regional destinations. The property was previously approved for 160 multifamily units, comprised of a mix of one- and two-bedroom apartments. Its desirable location places it in close proximity to Belville Riverwalk
Park and Belville Elementary School, further enhancing long-term residential appeal and development potential.
Investment highlights
- Address: 245 River Road Belville, NC 28451 Brunswick County
- Parcel ID: 038KA005 & 038KA00501
- Land Size: 2 Parcels totaling 12.82 Acres (650,780 SF)
- Zoning: BE—CBD & BE– MF (Brunswick County)
- Pricing: $3,200,000
- Proposed Use: Multifamily
- Proposed # of Units: 160
- Entitlements: Major Development Site Plan Approved 11/2022
- Utilities Water and Sewer: Brunswick H2Go; Power: Duke Energy
Listing Contacts
Listed by Cape Fear Commercial
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