112 Strawberry Ln, Wallace, NC 28466
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.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.