Search
Retail Investment Property
For Sale
Contact for pricing
Pending

716 N Norwood St, Wallace, NC 28466

Retail property offered for sale with a stated 6.50% cap rate and 11,740 SF.

Property Size11,740 SF
Days on Market149

Property Features for 716 N Norwood St

General Information

Standard status Pending
Size 11,740 SF
Property subtype Retail

Additional Details

Cap Rate 6.5%
Listing Agency: CKK Associates Inc
Listed By: Michael Lim · License #CA 01972895
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Sep 4 at 8:49AM

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 CKK Associates Inc

Investment Insights

Based on property information with market context.

This retail property is being offered for sale with a stated 6.50% cap rate. The listing is presented as a single retail investment totaling 11,740 SF.

The property is located at 716 N. Norwood St, Wallace, NC 28466.

Additional details regarding unit mix, tenant occupancy, and specific improvements are not provided in the available information.

Key Highlights

  • Retail property for sale with a stated 6.50% cap rate
  • 11,740 SF retail building

Property Analytics

Current Use

Stone Truck Parts Auto Parts Store

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Electrical Service Kitchen & Bath Showroom Garden Center

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

243
Businesses Nearby
44k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 42% Dining 33% Home Improvements & Furnishings 25%
Tractor Supply Co. Home Improvements & Furnishings
10,888 visits/mo 0.4 miles
Ollie's Bargain Outlet Shops & Services
10,825 visits/mo 0.0 miles
Hardee's Dining
9,427 visits/mo 0.0 miles
KFC Dining
5,075 visits/mo 0.1 miles
Truist Shops & Services
4,068 visits/mo 0.4 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Retail property offered for sale with a stated 6.50% cap rate and 11,740 SF.
Where is this retail space located?
The property is located at 716 N Norwood St Wallace, NC.
What are key features of this property?
This property features: Retail property for sale with a stated 6.50% cap rate; 11,740 SF retail building
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message