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Commercial Land with Highway Access
For Sale
$500,000

5572 S Nc 41 Highway, Wallace, NC 28466

Commercial land with an existing structure and access easement from Hwy 41.

Property SizeContact for details
Days on Market120

Property Features for 5572 S Nc 41 Highway

General Information

Standard status Active
Property subtype Commercial Lots & Land

Building Details

Year Built 1955
Listing Agency: Keller Williams Innovate-Wilmington
Listed By: Hanover Realty Group
Source: Thomasrealtysold
Added: Apr 12 Changed: Aug 7 Last Checked: Aug 9 at 1:03PM

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 Keller Williams Innovate-Wilmington

Investment Insights

Based on property information with market context.

This 1-acre commercial land tract fronts Hwy 41 and includes an existing cinderblock structure built in 1955. The building is considered to have no value, and removal will likely be necessary based on its condition. Access is provided through a 16-foot easement from Hwy 41, subject to the deed and GIS map.

The property sits across from a national retailer and within walking distance of major retailers, apartment communities, and established strip centers. I-40 is less than 4 minutes away, supporting connections to local and regional traffic. Potential commercial applications identified for the site include a bank, gas station, or quick-service restaurant. Utility, water, and sewer availability, along with hookup fees, require buyer verification with the Town of Wallace.

Key Highlights

  • 1‑acre commercial land tract along Hwy 41
  • 16‑foot access easement from Hwy 41
  • Less than 4 minutes from I‑40

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Electrical Service Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

155
Businesses Nearby
163k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 32% Shops & Services 29% Dining 19% Groceries 11%
Walmart Superstores
51,480 visits/mo 0.5 miles
McDonald's Dining
20,177 visits/mo 0.1 miles
Food Lion Grocery Store Groceries
17,771 visits/mo 0.3 miles
Murphy USA Shops & Services
15,067 visits/mo 0.5 miles
Speedway Shops & Services
12,825 visits/mo 0.2 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with an existing structure and access easement from Hwy 41.
Where is this commercial land located?
The property is located at 5572 S Nc 41 Highway Wallace, NC.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 1‑acre commercial land tract along Hwy 41; 16‑foot access easement from Hwy 41; Less than 4 minutes from I‑40
More about this property
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