The subject property, located at 1 Medical Center Dr SW in Supply, North Carolina, represents a compelling value-add redevelopment opportunity across approximately 31.6 usable acres. Positioned strategically between Wilmington, NC, and Myrtle Beach, SC, the site benefits from strong regional connectivity and access to growing coastal population centers.
The property is currently improved with the former Brunswick Community Hospital facility, which has been fully stripped to the studs in preparation for a comprehensive renovation. This creates a highly flexible redevelopment platform, allowing investors to reposition the asset to meet a variety of market demands.
Investment Highlights
Significant Scale: ±31.6 usable acres providing ample capacity for phased or mixed-use development
Strategic Location: Situated along a key corridor between Wilmington and Myrtle Beach, serving a rapidly expanding coastal market
Adaptive Reuse Opportunity: Existing structure offers a cost-effective basis for redevelopment following full interior demolition
Flexible Use Potential: Suitable for mixed-use, multi-family residential, healthcare, or specialty uses
Behavioral Health Conversion: Strong potential to reposition the asset as a Class B behavioral health treatment facility, addressing increasing regional demand for mental health services
Value-Add Profile: Opportunity to capitalize on significant upside through renovation and repositioning
Valuation
An independent appraisal prepared by Macro Realty Advisors has been completed, providing detailed valuation metrics for both the property’s current “As-Is” condition and its projected value “Upon Completion.” This analysis supports the investment thesis and highlights the potential for meaningful value creation through redevelopment.