Redevelopment Opportunity in Wallace,
For Sale
$250,000
4002 S Nc 41, Wallace, NC 28466
2+ acres with 10,000+ SF, ready for redevelopment.
Property SizeContact for details
Lot Size2.37 Acres
Days on Market386
Property Features for 4002 S Nc 41
General Information
Standard status
Active
Lot size
2.37 Acres
Property subtype
Commercial
Amenities
Carport
Concrete Flooring
Electric Heating
Heating Heating
On Site
Shingle Roof
Tile Flooring
Building Details
Year Built
1990
Listing Agency:
INTRACOASTAL REALTY CORP
(910) 256-4503
Listed By:
BEATTY PITTMAN REAL ESTATE TEAM LLC · License #C37146
Source:
Corcoran
Added: Aug 1, 2025
Changed: Aug 15
Last Checked: Aug 20 at 6:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of INTRACOASTAL REALTY CORP
Investment Insights
Based on property information with market context.
This property presents a redevelopment opportunity on over 2 acres. The existing structure, formerly a nursing home and senior care facility, offers a solid structural shell with over 10,000 square feet. Additional outbuildings, a carport, and expansive porches are also present. The layout includes a reception area, multiple bedrooms with en-suite bathrooms, central hallways, a commercial kitchen, and laundry facilities. Flexible zoning and layout allow for conversion to multi-family units, climate-controlled self-storage, senior assisted living, or doggy day care. A build plan is in hand, along with 2 septic permits. The property was impacted by Hurricane Florence in 2018 but has since been stabilized and cleared for renovation, presenting an opportunity for income-generating redevelopment.
Key Highlights
- High‑potential investment opportunity with 2+ acres and 10,000+ SF in a growing region.
- Flexible zoning and layout suitable for multi‑family units, self‑storage, assisted living, or doggy day care.
- Existing structure includes multiple bedrooms with en‑suite bathrooms, commercial kitchen, and laundry.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Assisted living facility - 2+ acres with 10,000+ SF, ready for redevelopment.
Where is this assisted living facility located?
The property is located at 4002 S Nc 41 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: High‑potential investment opportunity with 2+ acres and 10,000+ SF in a growing region.; Flexible zoning and layout suitable for multi‑family units, self‑storage, assisted living, or doggy day care.; Existing structure includes multiple bedrooms with en‑suite bathrooms, commercial kitchen, and laundry.
