758 E Southerland Street - NC Hwy 41 | Wallace, NC 28466 Wallace, NC 28466

This exceptional 10.8-acre commercial development site offers two outparcels ideally situated adjacent to a planned Royal Farms convenience store at the highly visible intersection of NC Hwy 41 and 11 in Wallace, NC. Lot 1 encompasses 2 acres with 278 feet of road frontage on NC Hwy 41/E Southerland Street, while Lot 3 comprises 6.1 acres boasting 276 feet of frontage on NC Hwy 11. This property is part of a three-lot development, as detailed in the "Two Farms Inc Recombination Plat." The location benefits from a lighted corner intersection, placing it prominently on Wallace's retail corridor, directly across from a Walgreens. Nearby established businesses include McDonald's, Dollar General, and Realo Drugs. Within a half-mile radius is a Walmart Supercenter, complemented by a cluster of businesses including First Bank, an ABC Store, Verizon, MyEyeDr, HR Block, OneMain Financial, Murphy USA, Burger King, Zaxby's, and Wendy's. A quarter-mile away lies the Food Lion-anchored Wallace Pointe Shopping Center, featuring Bealls, Liberty Tax, Domino's, Subway, O'Reilly Auto Parts, and Taco Bell. Further enhancing the location's appeal is the proximity (half-mile) to the Dollar Tree-anchored Coastal Carolina Commons, which includes Shoe Show, CATO, Rent-a-Center, US Cellular, and Game Stop. The area shows strong growth potential, with numerous planned residential and multifamily developments underway. The site offers convenient access to municipal water and sewer services. The property's strategic location, coupled with its size and visibility, presents a compelling opportunity for commercial development. The property is approximately 2 miles from Interstate 40 Exits 385 & 384 and 1 mile from Wallace Main Street.