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$ 980,000
Est. payment | /mo
47.62 Acres Lot
$ 980,000
Est. payment | /mo
47.62 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Undeveloped
Listing Status Pending
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 100547170
Lot Size 47.620 Acres
Acres 47.62
Property Sub-Type Undeveloped
Source Hive MLS
Property Description
Located in one of Brunswick County's fastest-growing corridors, 2787 Malmo Loop Road NE represents an exceptional buy-and-hold opportunity for investors seeking future development upside. Situated just minutes from the Terrapin development and the expanding Highway 87 corridor, the property lies directly in the path of continued residential growth and infrastructure expansion.
The tract encompasses approximately 47 acres, with an outstanding 44 acres of uplands and only about 3 acres of wetlands, creating a highly favorable foundation for future entitlements once sewer infrastructure reaches the area. Water and electricity are available nearby, and sewer is currently located approximately one mile away near the Terrapin development, with ongoing expansion expected as surrounding projects move forward.
In the interim, the property offers immediate recreational value and usability, allowing an owner to enjoy the land today while holding it for long-term appreciation. Numerous nearby tracts in this corridor have already gone under contract for residential development purposes, further supporting the area's strong growth trajectory.
With its high upland ratio, proximity to active development, and location in the booming Brunswick County market just 25 minutes from Wilmington, this property stands out as a strategic land investment—ideal for recreational enjoyment now and future entitlement and development potential down the road.
The tract encompasses approximately 47 acres, with an outstanding 44 acres of uplands and only about 3 acres of wetlands, creating a highly favorable foundation for future entitlements once sewer infrastructure reaches the area. Water and electricity are available nearby, and sewer is currently located approximately one mile away near the Terrapin development, with ongoing expansion expected as surrounding projects move forward.
In the interim, the property offers immediate recreational value and usability, allowing an owner to enjoy the land today while holding it for long-term appreciation. Numerous nearby tracts in this corridor have already gone under contract for residential development purposes, further supporting the area's strong growth trajectory.
With its high upland ratio, proximity to active development, and location in the booming Brunswick County market just 25 minutes from Wilmington, this property stands out as a strategic land investment—ideal for recreational enjoyment now and future entitlement and development potential down the road.
Location
State NC
County Brunswick
Community Not In Subdivision
Zoning RR
Direction From Wilmington turn left on Malmo Loop Rd NE. In 3.2 miles the property will be on your left.
Rooms
Other Rooms None
Schools
Elementary Schools Town Creek
Middle Schools Leland
High Schools North Brunswick
Others
Tax ID 02700066
Special Listing Condition Standard
Listed by Intracoastal Realty Corp