Property profile

0 Nc Hwy 41 & Tobacco Rd Wallace, NC 28466

OFF-MARKET
Land
1 SF 1.14 ac lot
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Property summary

AI-generated overview

This exceptional 1.14-acre commercial land parcel presents a unique investment opportunity in the thriving town of Wallace, North Carolina. Situated at the intersection of South NC Highway 41 and Tobacco Road, this property boasts high visibility and excellent accessibility, making it ideal for a variety of commercial ventures. The single-tenant potential allows for customized development to suit specific business needs. The lot size offers ample space for construction, parking, and landscaping. Located in Duplin County, this strategically positioned land benefits from convenient access to major transportation routes, ensuring easy commutes for employees and customers alike. The property's location within Wallace provides proximity to local amenities and a growing community. This is a blank canvas for entrepreneurs seeking a prime location to establish their business. The existing zoning and potential for development should be verified independently. This property is offered as-is, where-is. Serious inquiries only. All information deemed reliable but not guaranteed. Buyers are responsible for conducting their own due diligence. The property is ready for immediate development, offering a rare opportunity to secure a highly visible and accessible commercial site in a growing market. This is an excellent chance to capitalize on the potential of this prime location.

Property profile

Verified
Property type Land
Total area 1 SF
Lot 1.14 ac (49,658 SF)

Cap rate & NOI

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

Location

Nc Hwy 41 & Tobacco Rd Wallace, NC 28466
Wallace metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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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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