Technical
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Distress signals
Property profile

0 Fallin Blvd Goldsboro, NC 27534

OFF-MARKET
Land
49.08 ac lot
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Property summary

AI-generated overview

This exceptional 49.08-acre property in Goldsboro, North Carolina, presents a unique investment opportunity. Located on Fallin Blvd in Wayne County, zip code 27534, this expansive tract is zoned for both commercial and residential development, offering unparalleled flexibility. The land is available for purchase as a whole or in smaller parcels, catering to diverse development plans. A concept plan envisions a vibrant mixed-use community, including 52 affordable housing lots, 86 townhomes (measuring 20' x 80'), and a substantial multifamily component comprising 288 units supported by 530 surface parking spaces. Commercial development is also envisioned, with plans including 25,000 square feet of retail space and a 5,000 square foot convenience store. The property benefits from planned North Carolina Department of Transportation improvements to Fallin Boulevard, enhancing connectivity between N Berkeley Boulevard and US Highway 70, promising increased accessibility and visibility. This strategic location and versatile zoning make this a highly attractive proposition for developers seeking to create a thriving and diverse community. The property consists of nine individual parcels totaling approximately 49.08 acres. Contact for pricing and further details.

Property profile

Verified
Property type Land
Lot 49.08 ac (2,137,925 SF)

Cap rate & NOI

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

Location

Fallin Blvd Goldsboro, NC 27534
Goldsboro metro
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Value estimations

Realmo proprietary · 4 methods
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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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