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Property profile & analytics
OFF-MARKET
Land

0 Hwy 601 & Wallace Rd Midland, NC 28107

9.41 ac lot
Property ID
Property summary
AI-generated overview

This exceptional ±9.41-acre commercial and industrial land parcel presents a unique investment opportunity in Midland, North Carolina. Strategically located at the intersection of Hwy 601 and Wallace Rd, this property boasts significant frontage: approximately 720 feet on Wallace Road and 622 feet on Hwy 601, providing excellent visibility and accessibility. The property is zoned IND, allowing for a variety of industrial uses. Utilities are readily available, with water accessible from both Wallace Road and Hwy 601, and sewer access via a sewer easement. This prime location offers convenient access to major transportation routes, making it ideal for businesses requiring efficient logistics. The property's size and zoning make it suitable for a wide range of industrial developments. Note that an additional ±34.651 acres is also available for purchase, presenting an opportunity to expand your investment. This is a rare chance to acquire a substantial tract of land in a thriving area, perfectly positioned for immediate development or future expansion. The asking price for this exceptional property is $987,000. Contact us today to learn more.

Property profile
Verified
Property type Land
Lot 9.41 ac (409,900 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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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