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    New Hope Rd Goldsboro, NC 27534

    Sponsored
    For Sale
    $1,250,000

    Prime 53-acre residential lot, excellent access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 53-acre parcel of land is located on West New Hope Road in Goldsboro, North Carolina, zip code 27534. Currently zoned for residential use, this property presents a significant opportunity for development. The land boasts excellent visibility and accessibility, with the possibility of a signal light entrance. City water and sewer are readily available, simplifying infrastructure needs. Approximately half of the land is cleared, while the remaining half is wooded, offering a blend of usability and natural beauty. Its strategic location offers significant advantages, being only 1.5 miles from two Walmart stores, ensuring high traffic and visibility. While currently zoned residential, the property's size and location make it a strong candidate for mixed-use development with appropriate rezoning. This presents a unique opportunity for investors and developers seeking a substantial land holding in a rapidly growing area. The property is situated in Wayne County and offers a compelling combination of convenience, accessibility, and development potential. This is an exceptional opportunity to acquire a large tract of land with significant upside potential.

    Property Features for 0 New Hope Rd

    General Information

    Property type
    Land
    Lot Size
    2,308,680 SF

    HighLights

    • High visibility and excellent access, with potential signalized entrance.
    • City water and sewer readily available.
    • Partially cleared, partially wooded lot.
    • 1.5 miles from two Walmart stores.
    • Currently residentially zoned, offering potential for mixed‑use development with rezoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Goldsboro
    County
    Wayne
    State
    North Carolina
    Longitude
    -77.931236691914
    Latitude
    35.398454748993

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    FAQs

    What type of property is this?
    Land - Prime 53-acre residential lot, excellent access.
    Where is this land located?
    The property is located at New Hope Rd Goldsboro, NC.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: High visibility and excellent access, with potential signalized entrance.; City water and sewer readily available.; Partially cleared, partially wooded lot.
    Request Owner's contact information
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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
    New Hope Rd Goldsboro, NC 27534
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