Property profile

0 Wallace Rd Midland, NC 28107

OFF-MARKET
Land
34.65 ac lot
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Property summary

AI-generated overview

This exceptional ±34.651-acre commercial and industrial land parcel is ideally situated in Midland, North Carolina, at the intersection of Hwy 601 and Wallace Rd (zip code 28107). The property boasts significant frontage: approximately 685 feet on Wallace Rd and approximately 11,640 feet on Hwy 601. It's zoned GI in Cabarrus County and features readily available water access from both Wallace Rd and Hwy 601, along with on-site sewer. A key advantage is its rail service via the Aberdeen Carolina & Western Railway, offering dual access to NS and CSX rail lines. Parcel ID numbers are 55448044240000 and 55448132260000. An additional ±9.41 acres is also available for purchase, presenting a unique opportunity to expand your investment. This prime location offers unparalleled access and connectivity, making it perfect for a variety of commercial and industrial uses. The asking price for this significant land holding is $2,945,560.

Property profile

Verified
Property type Land
Lot 34.65 ac (1,509,398 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Wallace Rd Midland, NC 28107
Midland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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