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Redevelopment Opportunity in Wallace, NC

4002 S Nc 41 Wallace, NC 28466

4002 S Nc 41, Wallace, NC, 28466
$250,000
For Sale
$250,000

2+ acres with 10,000+ SF, ready for redevelopment.

Lot Size2.37 Acres
Days on Market355

Property Features for 4002 S Nc 41

General Information

Standard status
Active
Lot size
2.37 Acres
Property subtype
Commercial

Building Details

Year Built
1990
Listing agency INTRACOASTAL REALTY CORP
Listed by BEATTY PITTMAN REAL ESTATE TEAM LLC · License #C37146
Source Corcoran
Added: Aug 1, 2025 Updated: Jul 6 at 7:46AM Checked: Jul 21 at 5:42AM

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 Location Intelligence

Current Use by Public Records

Assisted living facilities

Suggested Use

(Bike/Boat/Book/etc) Store Discount Store Nursing Home Department Store

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

FAQs

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.
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