Gray Bridge Crossing

Investment Overview

Lee & Associates is pleased to present this ±98-acre residential development opportunity strategically located in the beautiful town of Shallotte, North Carolina. The property is approved for 400 single-family residential lots across two (2) phases, with a proposed density of approximately 4.15 dwelling units per acre. The development concept includes 18.93 acres of open space, private streets, walking trails, a dog park, amenity area, and planned stormwater and utility infrastructure. With frontage along Gray Bridge Road SW and Shell Point Rd and additional connectivity to surrounding roadways, the property offers developers significant scale in one of coastal North Carolina’s growing residential markets.

Investment Highlights

• ±98.0 Acres
• 400 Single-Family Residential Lots
• Lot Widths are Approved at 42’ & 52’ Wide
• 18.93 Acres of Open Space
• Proposed Density: ±4.15 DU/AC
• Two-Phase Development Plan
• Public Streets & Walking Trails
• Proposed Dog Park & Amenity Area
• Public Water & Sewer Infrastructure
• Frontage on Gray Bridge Rd SW & Shell Point Rd
• Annexed Into the Town of Shallotte, NC
• $11,000,000 Asking Price | $27,500 Per Lot