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3680 Express Drive, Shallotte, NC 28470

$5,100,000
Property Type: Comm Sale or Lease Square Footage: 68,344 Lot Size (sq. ft.): 158,558 Status: Closed
Current Price: $5,100,000 List Date: 3/01/2023 Last Modified: 5/31/2024

Description

Property consists of 3.64-acre parcel of land comes with three individual buildings consisting of over 69,000 Square Feet of commercial space. The complex consists of a Store/Warehouse (45,135 SF), Warehouse with a Semi-Trail loading capabilities (11,781 SF) and an Office/Retail building consisting of 6 individual units. This property is ideal to be utilized by one owner operator needing large storeroom, warehouse and business office space. This also is ideal as a commercial leasing investment. The space is all separately metered and can be uses to accommodate many different types of business operations. The location provides high visibility and convenient accessibility as Shallotte is rapidly growing to be a main commercial HUB for the Brunswick County area and local communities. Currently 4 of the 6 office spaces are leased. This is a rare find in an rapidly growing/developing area.

More Information MLS# 100348827

Contract Info

Available Date: 2022-09-08 Status: Closed Delayed Marketing?: No Delayed Marketing Date (DM): 2022-09-12 Sub-Type: Improved Garage: N/A Space: Yes Sale/Lease: Sale Auction: No Listing Price: 5350000 Current Price: $5,100,000 List Price/SqFt: 78.28 Sub Agent Comm $/%: % Buyer Agent Comm: 3 Buyer Agent Comm $/%: % Variable Comm: No Stipulation of Sale: None

Location Information

Street #: 3680 Street Name: Express Street Suffix: Drive County: Brunswick State/Province: NC Zip Code: 28470 City Limits: Yes Marketing City: Shallotte Subdivision: Not In Subdivision Secondary Subdivision: N/A Geo Lat: 33.984208 Geo Lon: -78.396478

Remarks and Showing

Directions to Property: From Wilmington take 74/76 west, take Route 17 South toward Shallotte. Express Drive is a service road off of Rt 17 prior to exit for the Town of Shallotte. Take Express Drive to the end and property is on the right. Sign on Property: Yes

Building Info

New Construction: No

Building/Ext Features

# of Parking Spaces: 100 # of Units: 3 Lot Acres: 3.64 Lot SqFt: 158558 Lot Dimensions: 399 x 387 x 352 x 101 x 344 SqFt - Total Available: 45000 SqFt - Heated (Primary): 68344 SqFt - Office: 12472 SqFt - Retail/Display: 45135 SqFt - Warehouse: 11781 Location Type: Mainland

Legal and Taxes

Tax Assessed Value: 3782890 Total City Real Estate Property Tax: 39244 Deed Book: 1513 Deed Page: 987 Legal: 3.64 AC Off US 17 Plat 25/80 Broker Owner: No PID: 1810005807 Tax Identifier: 1810005807 Total Real Estate Property Taxes: 39244.21 Special Assessments: None Tax Year: 2022 Year Built: 2002 Zoning: HB HOA: No Cobra Zone: No Federal Flood Ins Avlbl: Yes

Status Change Info

Under Contract Date: 2024-01-25 Sold Price: $5,100,000 Sold Date: 2024-05-31

Miscellaneous

Ceiling Height: 20 Current Use: store/warehouse/offi

Road/Trans Access

Airport: 16+ Miles County Highway: Less than 5 Miles Interstate: Less than 5 Miles Port: 16+ Miles Rail: 16+ Miles State Highway: Less than 5 Miles

Current Service Providers

Electric Provider: Brunswick Electric Sewer Provider: Brunswick County Public Utilities Water Provider: Brunswick County Public Utilities

Financial Info

Financial Info: No Real Estate Taxes: 39244 Insurance Expense: 35264 Common Area Maint: 8000

Property Features

Sub-Type: Auto Related; Business Flex; Food Service; Hotel/Motel; Industrial; Manufacturing; Mixed Use; Office; Retail; Self Storage; Shopping Center; Warehouse; Building Supply; Business Service; Commercial; Professional Service HOA and Neigh Amenities: See Remarks Attic: None Basement: None C & I Features: See Remarks Construction: Concrete; Steel Frame; Wood Frame Exterior Finish: Brick Veneer; Metal Siding; Stucco; See Remarks Flooring: Concrete; Laminate Foundation: Slab Fuel Tank: None Green Bldg Features: None Sale/Lease Includes: Buildings; Land; See Remarks Parking Features: Off Street; Paved Road Type/Frontage: 4+ Lanes; Paved; Public (City/Cty/St) Roof: Membrane; Metal Lot Description: See Others Current Use: Commercial; Office; Retail; Vacant; Other Location: Freestanding; Gen Bus District; See Remarks Lot Water Features: None Cooling: Central; See Remarks Heating: Forced Air; Other-See Remarks Heating System Fuel Source: Electric Water Heater: Electric Utilities: Municipal Sewer; Municipal Water Terms: 1031 Exchange; Cash; Conventional; Seller Financing Lease Types: Modified
Listing Office: Intracoastal Realty Corp
Last Updated: May - 31 - 2024
3680 Express Drive, Shallotte, NC 28470- MLS# 100348827
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
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© Copyright 2023. NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of noninfringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

Brad Vanderburg

Brad Vanderburg

I made the South Brunswick Islands my home over twenty(20) years ago and have been active in the business community here for all those years. Being married for thirty years and having started a family late in life, I have certainly come to appreciate what it means to live in an area that makes you happy. I enjoy working with the public, educating new REALTORS® and managing the agents under my supervision and serving as a Board Member on the Brunswick County Board of REALTORS®.
  • Brunswick County Board of REALTORS®
  • Broker-In-Charge Sunset Realty
  • Education Committee Chairman 2007
  • 2005 CENTURION® Producer
  • Top Lister and “On Track” Award Floyd Wickman class of 2001
  • REALTOR®-ePro
  • Long time area resident
  • Active in Community
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Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
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