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    OFF-MARKET
    Commercial land

    758 E Southerland Street - NC Hwy 41 | Wallace, NC 28466, Wallace, NC 28466

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    10.8 Total Acre Royal Farms Corner Commercial Site with 2 Lots available adjacent to the planned Royal Farms Convenience Store at intersection of NC Hwy 41 & 11. Lot 1 has 2 Acres with 278 feet road frontage on NC Hwy 41 / E Southerland Street; Lot 3 has 6.1 Acres with 276 feet road frontage on NC Hwy 11, part of a 3 lot, "Two Farms Inc Recombination Plat." Development Site is located at a lighted corner intersection on the Wallace NC Retail Corridor, across the street from Walgreens. Local Retailers include: McDonald's, Dollar General & Realo Drugs. 1/2 mile from the Walmart Supercenter with First Bank, ABC Store, Verizon, MyEyeDr, HR Block, OneMain Financial, Murphy USA, Burger King, Zaxby's, Wendy's. 1/4 mile from the Food Lion anchored Wallace Pointe Shopping Center with Bealls, Liberty Tax, Dominos, Subway, O'Reilly Auto Parts, Taco Bell. Coastal Carolina Commons with Dollar Tree, Shoe Show, CATO, Rent-a-Center, US Cellular, Game Stop. The area has numerous planned residential and multifamily developments in process. Access to water & sewer. Listed in conjunction with: Rick Williamson, Managing Director, JLL, 410-404-5522 Location Description 10.8 Total Acre Royal Farms Corner Commercial Site with 2 Lots adjacent to the planned Royal Farms Convenience Store at intersection of NC Hwy 41 & 11. Lot 1 has 2 Acres with 278 feet road frontage on NC Hwy 41 / E Southerland Street; Lot 3 has 6.1 Acres with 276 feet road frontage on NC Hwy 11, part of a 3 lot development Site as shown on "Two Farms Inc Recombination Plat." Highlights 6.1 Acre & 2 Acre Outparcels adjacent to planned Royal Farms Convenience Store 10.8 Total Acre Development Site at corner lighted intersection on NC Hwy 41 & 11 2 miles from Interstate 40 Exits 385 & 384 Located on Wallace's Retail Corridor 1 mile to Wallace Main Street 1/2 miles from the Walmart Supercenter Nearby retailers: Walgreens, McDonald's, Dollar General 1/4 mile from the Food Lion anchored Wallace Pointe Shopping Center 1/2 mile from Dollar Tree Anchored Coastal Carolina Commons Area has numerous planned residential and multifamily developments in process Access to municipal water & sewer

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    Property type Commercial land
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    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
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