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    Mount Olive, NC 28365

    For Sale
    $2,287,500

    COMMERCIAL - Mount Olive, NC

    Lot size:
    3.66 Acres
    Days on Market:
    283
    Last Refresh:
    Dec 10 at 7:06 pm

    Property Features for

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Commercial
    APN
    2573632537, 2573635739
    Lot size
    3.66 Acres

    Utilities

    Utilities
    Water Available
    Water source
    Public

    Kornegay Realty, Inc (919) 738-3982 [email protected]

    Listing agent Megan Rose (919) 223-1077 License #346594

    Listing date Mar 3, 2025

    MLS# 100491935 Listing URL

    Copyright © 2025 Hive MLS / Topsail Island Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land Opportunity

    This listing offers two commercial parcels in Mount Olive, totaling 3.66 acres. The first parcel comprises 2.65 acres, offering ample space for commercial development and featuring road frontage for visibility and accessibility. The adjacent 1.01-acre lot can accommodate off-site septic systems, supplementary parking, or other auxiliary functions. The property is located near Mount Olive Pickles, Hwy 55, Southern Bank, and the University of Mount Olive, and is approximately a quarter-mile from Walmart Supercenter, ensuring high visibility and foot traffic.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Mount Olive
    County
    Wayne
    State
    North Carolina
    Longitude
    -78.075161
    Latitude
    35.212199

    FAQs

    What type of property is this?
    Commercial land - Two parcels totaling 3.66 acres in Mount Olive.
    Where is this commercial land located?
    The property is located at Mount Olive, NC.
    What is the asking price?
    The asking price for this property is $2,287,500.
    What are key features of this property?
    This property features: - 3.66 acres of commercial real estate in Mount Olive.; - Prime location with high visibility and accessibility.; - Road frontage on the 2.65-acre parcel.
    (919) 223-1077
    Request Owner's contact information
    Mount Olive, NC 28365
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Mount Olive, NC 28365
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