$289,000

Presenting a rare investment opportunity: an expansive 11.28-acre tract ideally positioned at 0 Old Chinquapin Rd., Beulaville, NC. This property offers the perfect blend of prime location, development potential, and community appeal--making it an exceptional acquisition for investors and developers seeking to capitalize on the region's growth. Zoned R15, this parcel accommodates moderate density detached residential development, residential planned unit developments, and low-density duplex or multifamily projects (up to 12.7 units per acre). The district's zoning also permits select institutional, governmental, and nonresidential uses that complement the residential character of the area, including parks, churches, schools, and day care centers. With a minimum lot size of 15,000 square feet per home, builders can craft vibrant neighborhoods tailored to today's market demands. Utilities--including Duke Energy power, public water and sewer, and high-speed Spectrum internet--are available at the road, streamlining the process for residential or multifamily construction. The tract features 143 feet of road frontage and is clear of FEMA floodplain and wetlands, ensuring straightforward development. Located within Beulaville's town limits, the site is surrounded by local amenities, from groceries and restaurants to medical offices and gyms, all just minutes away. The boundary lines were were recently redrawn, but the lines have not yet been update on the GIS; please refer to plat map for current boundary lines. Key Investment Highlights: • 11.28-acre developable tract. • Zoned R15: moderate density residential, duplex, multifamily, and select institutional uses. • Minimum 15,000 sq. ft. lot per home. • Up to 12.7 units per acre for multifamily. • No FEMA floodplain or wetlands. • 143 feet of road frontage. • Duke Energy power, public water/sewer, and high-speed internet at the road. • In-town location with access to shopping, dining, healthcare, and recreation. Travel Times to Surrounding Areas: • 8 minutes to Cabin Lake (camping & recreation). • 15 minutes to Richlands (shopping & amenities). • 30 minutes to Jacksonville (employment & entertainment). • 55 minutes to North Topsail Beach. • 90 minutes to Raleigh. This is a unique opportunity to secure a versatile developable tract in a growing community. Contact me for more details or to schedule a site visit.