3540 Nc-11 Wallace, NC 28464
- Land
Current Use by Public Records
- Land
Property Details for 3540 Nc-11
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional ±43.91-acre property presents a unique investment opportunity in Duplin County, North Carolina. Strategically located off Interstate 40, Exit 384, this land boasts over 600 feet of frontage along South NC Highway 11, providing unparalleled visibility and accessibility. The property's Highway Business zoning allows for a diverse range of retail and service-oriented commercial developments. High traffic counts are a key feature, with approximately 21,000 vehicles per day passing on I-40 and an additional 3,500 vehicles per day on South NC Highway 11, according to the North Carolina Department of Transportation (NCDOT). The acreage is flexible, allowing for tailored development plans to suit specific needs. Infrastructure is readily available, with a county water line situated across NC-11 frontage and a municipal sewer line also conveniently located across NC-11. This prime location, combined with its high traffic volume and flexible zoning, makes this property an ideal choice for investors seeking significant returns in a rapidly growing area. The asking price for the entire ±43.91 acres is $1,495,000
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wallace
- County
- Duplin
- State
- North Carolina
- Longitude
- -77.9624
- Latitude
- 34.771
