Current Use by Public Records
- Land
Property Details for 433 Us-70
- Lot size
- 5.00 lot acres
- Property type
- Land
Description
This exceptional 5-acre commercial land parcel in Selma, NC, presents a lucrative investment opportunity. Located at the I-95/US 70 interchange in an Opportunity Zone, this property boasts unparalleled access to major highways and high-traffic areas, making it ideal for diverse development projects. The IHI zoning allows for a variety of uses, and essential utilities including water, sewer, and natural gas are readily available. An existing access easement to Hwy 70 is in place. The property's strategic location near retail centers like the Carolina Premium Outlets and numerous dining establishments ensures high visibility and strong potential for growth. Currently, 1.20 acres are under construction for a quick-service restaurant. The seller is open to considering both ground lease and sale options, providing flexibility for various investment strategies. This prime location in Johnston County's Raleigh-Durham submarket offers significant potential for investors seeking to capitalize on a thriving commercial landscape. The land is priced at $1,400,000, with a land value of $8.24 per square foot. The property's APN is 261409-15-0471. This is a rare opportunity to acquire a highly desirable commercial property in a rapidly developing area.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Selma
- County
- Johnston
- State
- North Carolina
- Longitude
- -78.291
- Latitude
- 35.5208
