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Commercial Land Near Royal Farms
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758 E Southerland Street - NC Hwy 41 Wallace NC 28466, Wallace, NC 28466

8.1 Acres of commercial land available

Space SizeContact for details
Days on Market567

Property Features for 758 E Southerland Street - NC Hwy 41 Wallace NC 28466

General Information

Standard status Active
Property type Commercial land, Other land, Land
Elevators N/A
Rate Type Monthly
Listing Agency:
Listed By: Frank
Added: Jan 31, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

This 10.8-acre commercial development site features two outparcels adjacent to a planned Royal Farms convenience store. The property is located at the 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 with 276 feet of frontage on NC Hwy 11. The location benefits from a lighted corner intersection on Wallace's retail corridor, directly across from a Walgreens. Nearby businesses include McDonald's, Dollar General, and Realo Drugs. Within a half-mile radius is a Walmart Supercenter, First Bank, an ABC Store, Verizon, MyEyeDr, HR Block, OneMain Financial, Murphy USA, Burger King, Zaxby's, and Wendy's. A quarter-mile away is the Food Lion-anchored Wallace Pointe Shopping Center, featuring Bealls, Liberty Tax, Domino's, Subway, O'Reilly Auto Parts, and Taco Bell. Coastal Carolina Commons, anchored by Dollar Tree and including Shoe Show, CATO, Rent-a-Center, US Cellular, and Game Stop, is a half-mile away. Numerous planned residential and multifamily developments are underway in the area. The site offers access to municipal water and sewer services. The property is approximately 2 miles from Interstate 40 Exits 385 & 384 and 1 mile from Wallace Main Street. This property is part of a three-lot development, as detailed in the "Two Farms Inc Recombination Plat."

Property Analytics

Current Use

Commercial land

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

Demographics for 28466, NC

8,773
Population
4,647
Households
1.9
Avg Household Size
45
Median Age
24%
College-Educated
85%
High-School Grad
179.1 sq mi
ZIP Area
49
Density / Sq Mi
$61,906
Median Household Income
$38,511
Median Earnings
$851
Median Rent
$179,800
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - 8.1 Acres of commercial land available
Where is this commercial land located?
The property is located at 758 E Southerland Street - NC Hwy 41 Wallace NC 28466 Wallace, NC.
More about this property
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