0 Fallin Blvd Goldsboro, NC 27534
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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