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    OFF-MARKET
    Land

    117 Tobacco Rd, Wallace, NC 28466

    1.36 ac lot
    Property ID
    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
    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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