Property profile

108 Tobacco Rd Wallace, NC 28466

OFF-MARKET
Land
1.37 ac lot
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Property summary

AI-generated overview

This exceptional 1.37-acre commercial land parcel presents a prime investment opportunity in Wallace, North Carolina. Located at 108 Tobacco Rd, this property boasts a highly desirable location behind Outparcel 1 and directly adjacent to First Bank, ensuring excellent visibility and accessibility. The strategic positioning offers significant potential for a variety of commercial uses. The lot's size provides ample space for development, and there's the added advantage of potential combination with the adjacent Outparcel 1 to create an even larger site, catering to businesses requiring more extensive space. This presents a unique chance to establish a strong presence in a growing area. The property is zoned for commercial use (zoning information should be independently verified). Situated in Duplin County, NC, zip code 28466, the property's coordinates are 34.7407218 latitude and -77.9676637 longitude. This is an exceptional opportunity for investors seeking a well-located commercial land parcel with significant development potential. Serious inquiries are encouraged. All information is deemed reliable but not guaranteed and should be independently verified.

Property profile

Verified
Property type Land
Lot 1.37 ac (59,677 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

108 Tobacco Rd Wallace, NC 28466
Wallace metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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