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    OFF-MARKET
    Land

    112 Strawberry Ln, Wallace, NC 28466

    2.01 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.01-acre commercial land parcel presents a compelling investment opportunity in Wallace, North Carolina. Strategically located adjacent to an ABC Store, this property benefits from high visibility and significant traffic flow generated by its proximity to a Walmart. The land is zoned for commercial use and offers considerable development potential. The asking price is $420,000. The property's address is 112 Strawberry Ln, Wallace, NC 28466, situated in Duplin County. Its convenient location provides easy access for customers and employees alike. The expansive lot size allows for flexibility in development plans, with the possibility of subdividing into smaller, approximately one-acre parcels, catering to a variety of commercial ventures. This prime location, coupled with its accessibility and high traffic count, makes this property an ideal investment for developers seeking a strong return on investment. The property's latitude and longitude coordinates are 34.739956 and -77.9674834 respectively. This presents a rare opportunity to acquire a highly desirable commercial land parcel in a thriving area. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Land
    Lot 2.01 ac (87,556 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
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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