268 Old Beulah Rd Selma, NC 27576
This exceptional 121-acre property in Selma, North Carolina, presents a unique opportunity for mixed-use development. Located at 268 Old Beulah Rd, the land boasts R-20 and R-10 zoning, allowing for a variety of residential and industrial projects. The property's strategic location near Highway 70 Bypass ensures easy access and connectivity. Existing sewer lines significantly reduce infrastructure costs, making this a highly attractive investment. The $7,500,000 asking price offers a compelling value proposition. Proximity to amenities like the Rudy Theatre and Buffalo Creek Greenway adds to the property's appeal, enhancing its potential for residential development. This large parcel offers flexibility, with the possibility of individual tract purchases. The site's potential caters to a range of ventures, from industrial facilities to single-family and multi-family residential communities. This is a chance to capitalize on Selma's growth and create a significant impact on the local landscape. The property's size and zoning make it ideal for large-scale development projects. The convenient location and existing infrastructure contribute to its overall desirability. This is a rare opportunity to acquire a substantial land parcel in a growing area with significant development potential.
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.