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    OFF-MARKET
    Land

    0 Wallace Rd, Midland, NC 28107

    34.65 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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