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    OFF-MARKET
    Land

    0 Nc-41, Wallace, NC 28466

    10 ac lot
    Property ID
    Property summary
    AI-generated overview

    Seven 10-acre parcels are available for sale in Wallace, North Carolina, offering a unique investment opportunity for commercial and residential development. Priced between $135,000 and $250,000, these lots present flexible financing options, including seller financing with a $25,000 down payment and monthly payments of $1116.75 for 20 years at 10.75% interest. The property features a mix of cleared and wooded land, with some lots boasting creek frontage and proximity to ponds. Located near Interstate 40, these properties offer convenient access to Wilmington (39 miles), Fayetteville (67 miles), Raleigh (120 miles), and Myrtle Beach (approximately 120 miles). The land is zoned open, allowing for a variety of uses, including homes, modulars, mobile homes, barns, and commercial buildings. Potential buyers should be aware that due to the area's susceptibility to flooding during heavy rainfall, all structures must comply with Duplin County's height regulations. Duke power lines run along the property perimeter. The lots vary in price based on factors such as road frontage, tree coverage, and water features. Larger acreage options may also be available. APN: 10-1180.

    Property profile
    Verified
    Property type Land
    Lot 10 ac (435,600 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
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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