0 Nc Hwy 41 & Tobacco Rd, Wallace, NC 28466
This exceptional 1.14-acre commercial land parcel presents a unique investment opportunity in the thriving town of Wallace, North Carolina. Strategically located at the intersection of South NC Highway 41 and Tobacco Road, this property boasts significant visibility and accessibility. It represents the last remaining opportunity for development adjacent to a Walmart, offering unparalleled exposure to a substantial customer base. The property is available for sale or lease and comes with full approvals already in place for quick-service restaurant (QSR) development, streamlining the permitting process and accelerating your project timeline. This is a particularly attractive proposition given the planned construction of approximately 350 residential units directly across the road, ensuring a robust and growing customer pool for any commercial venture. The convenient location, just 1.2 miles from the Interstate 40 interchange, provides easy access to regional transportation networks, further enhancing its appeal to businesses and investors. This prime location and development-ready status make this a truly exceptional opportunity for significant return on investment. Don't miss out on this chance to secure a piece of Wallace's burgeoning commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.