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    723 North Norwood St Wallace, NC 28466

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    For Sale
    $250,000

    Outparcel in Wallace Crossing Shopping Center, versatile Highway Business zoning.

    Property size:
    1 SF
    Lot size:
    1.20 Acres

    Property Features for 723 North Norwood St

    General Information

    Size
    1 SF
    Lot size
    1.20 Acres

    Source: Bryce Miller Agent Bryce Miller

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wallace Outparcel on NC Hwy 117

    This outparcel is located within the Wallace Crossing Shopping Center on NC Hwy 117. The property is situated in a convenient location in Southeastern North Carolina and is zoned Highway Business, allowing for versatile use. The shopping center is anchored by Ollies and is neighbored by Hardees and KFC. The location offers easy accessibility through a lighted intersection and frontage on Hwy 117. It is located in the Town of Wallace US Hwy 117 Commercial Corridor, within Duplin County and the Wilmington NC MSA. The property is 0.5 miles from the Main Street District and NC Hwy 41, 0.7 miles from NC Hwy 11, and 3 miles from Interstate 40. ILM International Airport and Historic Downtown Wilmington are 40 miles away. The property size is 1 acre.
    Location Intelligence

    Current Use by Public Records

    Sugar Rush Ice ... Ice Cream Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wallace
    County
    Duplin
    State
    North Carolina
    Longitude
    -77.997843
    Latitude
    34.7438617

    Nearby Similar for Sale

    • $250,000

      Redevelopment Opportunity in Wallace, NC

      2+ acres with 10,000+ SF, ready for redevelopment.
      4002 S Nc 41 Hwy, Wallace, NC 28466
      View Details
    • $3,200,000
      14,820 SF

      Retail Property Near I-40

      Retail property for sale near I-40.
      5717 S 41 Hwy, Wallace, NC
      View Details

    FAQs

    What type of property is this?
    Commercial land - Outparcel in Wallace Crossing Shopping Center, versatile Highway Business zoning.
    Where is this commercial land located?
    The property is located at 723 North Norwood St Wallace, NC.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Zoned Highway Business for versatile use.; - Outparcel in Wallace Crossing Shopping Center anchored by Ollies.; - Easily accessible through a lighted intersection on NC Hwy 117.
    (410) 603-2600
    Request Owner's contact information
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    Wallace, NC 28466
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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
    723 North Norwood St Wallace, NC 28466
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