0 Wallace Rd, Midland, NC 28107
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.