Rare +/- 5.9 acre development parcel with approximately 598' of frontageon the Brunswick River within the Belville town limits with municipal waterand sewer available. The current R10 zoning could allow ten or more singlefamily lots with clubhouse, common area and private marina. The highestand best use of a high-end multifamily waterfront community with privatemarina may be achieved through a rezoning or Special Use Permit.Preliminary concept plans for single family development and townhousedevelopment are attached for reference.The subject is located less than 1/4 mile from Belville Elementary Schooland the Brunswick Riverwalk Park at Belville, less than two miles from theLeland Village Rd corridor, Magnolia Greens and Westgate commercialnodes and a quick jaunt over the Cape Fear River into Historic DowntownWilmington. The location provides easy access to both the New Hanover andBrunswick County beaches plus Southport and Bald Head Island viaautomobile 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 theadjacent Wilmington MSA is #1 in the country for inbound moves. TheLeland/Belville submarket enjoys one of the highest net worthdemographics in the region with continued residential and majorcommercial development. Paired with a regional housing shortage the areais ripe for successful residential development selling at premium pricesfaster than it can be built.There are two exempt prospects for this property.
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