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    OFF-MARKET
    Land

    0 Nc Hwy 41 & Tobacco Rd, Wallace, NC 28466

    1.14 ac lot
    Property ID
    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. 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.

    Property profile
    Verified
    Property type Land
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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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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