0 Hwy 601 & Wallace Rd Midland, NC 28107
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.
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
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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.