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Property profile

0 New Hope Rd Goldsboro, NC 27534

OFF-MARKET
Land
53 ac lot
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Property summary

AI-generated overview

This exceptional 53-acre parcel of land is located on West New Hope Road in Goldsboro, North Carolina, zip code 27534. Currently zoned for residential use, this property presents a significant opportunity for development. The land boasts excellent visibility and accessibility, with the possibility of a signal light entrance. City water and sewer are readily available, simplifying infrastructure needs. Approximately half of the land is cleared, while the remaining half is wooded, offering a blend of usability and natural beauty. Its strategic location offers significant advantages, being only 1.5 miles from two Walmart stores, ensuring high traffic and visibility. While currently zoned residential, the property's size and location make it a strong candidate for mixed-use development with appropriate rezoning. This presents a unique opportunity for investors and developers seeking a substantial land holding in a rapidly growing area. The property is situated in Wayne County and offers a compelling combination of convenience, accessibility, and development potential. This is an exceptional opportunity to acquire a large tract of land with significant upside potential.

Property profile

Verified
Property type Land
Lot 53 ac (2,308,680 SF)

Cap rate & NOI

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

Location

New Hope Rd Goldsboro, NC 27534
Goldsboro 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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