Property profile

112 Strawberry Ln Wallace, NC 28466

OFF-MARKET
Land
2.01 ac lot
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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

Location

112 Strawberry Ln Wallace, NC 28466
Wallace metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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