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Property profile & analytics
OFF-MARKET
Land

268 Old Beulah Rd Selma, NC 27576

121 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 121 ac (5,270,760 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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