Property profile

117 Tobacco Rd Wallace, NC 28466

OFF-MARKET
Land
1.36 ac lot
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Property summary

AI-generated overview

This exceptional 1.36-acre commercial land parcel presents a unique investment opportunity in Wallace, North Carolina. Strategically situated adjacent to the First Bank at the Walmart Supercenter on Highway 41, this property benefits from exceptional visibility and high traffic counts. Its location offers unparalleled access to a substantial customer base, making it ideal for a variety of commercial ventures. The property's convenient proximity to the Interstate 40 interchange (approximately one mile away) further enhances its accessibility and appeal to businesses and customers alike. The address is 117 Tobacco Road, Wallace, NC 28466. The asking price for this prime commercial land is $420,000. This represents a significant opportunity to acquire a well-positioned parcel in a thriving retail corridor. The property is zoned for commercial use (specific zoning details should be independently verified). Given its location and size, this land parcel is suitable for a range of development projects, offering substantial potential for return on investment. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is located in Duplin County.

Property profile

Verified
Property type Land
Lot 1.36 ac (59,242 SF)

Cap rate & NOI

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

Location

117 Tobacco Rd Wallace, NC 28466
Wallace 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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