Property profile

5561 Nc-41 Wallace, NC 28466

OFF-MARKET
Land
1.77 ac lot
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Property summary

AI-generated overview

This exceptional 1.77-acre commercial land parcel presents a unique investment opportunity in Wallace, North Carolina. Situated at 5561 NC-41, this property boasts a highly desirable location, positioned in the rear of the Walmart shopping center when facing NC Highway 41. This ensures excellent visibility and accessibility for any commercial venture. The land is priced at $362,000, translating to a land value of $4.70 per square foot. Given its strategic placement within an established retail environment, this outparcel offers significant potential for a variety of commercial uses. The property's size and location make it ideal for businesses seeking high traffic exposure and a strong customer base. The address is clearly identifiable as 5561 NC-41, Wallace, NC 28466, within Duplin County. This prime commercial land is ready for development, offering a compelling opportunity for investors seeking a strong return on investment in a thriving retail corridor. The property's location within the Walmart shopping center's vicinity guarantees high foot traffic and visibility, making it an attractive proposition for a wide range of businesses. Detailed site plans and further information are available upon request. This is a rare opportunity to acquire a well-located commercial parcel in a growing market.

Property profile

Verified
Property type Land
Lot 1.77 ac (77,101 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5561 Nc-41 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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