Prime 8.73 acre commercial tract fronting the lifestyle community Riversea. Great prospect for 1031 or development given the area's improving economic prospects. The site has over 750+ feet of frontage between the signage at entrances from 211 on both sides of the property. Zoned CLD by Brunswick County, this site offers a multitude of potential uses ranging from medical or professional office to a mixed use project. Given the significant growth on this end of Highway 211, the site also is attractive for an Independent/Assisted senior living community. Some initial planning and engineering has been completed for a mixed use project. Also, the Brunswick County Planning has provided some direction regarding density for a multi-family use.

Riversea is a gated community with 579 planned residences, with no developer owned lots remaining. At present there are approximately 30 homes in various stages of construction and prices have escalated rapidly during the previous year. Vacant lots are marketed, depending upon the section, from $40,000 for interior lots to almost $200,000 for river/marshfront lots. The POA is in a strong financial position and keeps the grounds/amenities in great shape.