Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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