0 Hwy 41 and Hwy 11
Vacant Land
for Sale
Sale Pending
| Catylist Listing ID: |
30600579 |
| Property Subtypes: |
Agricultural, Mobile Home Park, Office, Retail, Self Storage, Other
|
| Status: |
Pending |
| Gross Land Area: |
10 Acres
|
| Sale Price: |
$500,000 |
| Unit Price: |
$50,000 Per Acre |
| In Opportunity Zone? |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
10/16/2021 |
Overview / Comments
|
This 10+/- acre tract of acant land consists of 3 different parcels: 1) 7.88 acres 2) 1.46 acres 3) .72 acres. Property has road frontage on both Hwy 41 and Hwy 11 at the intersection, with a traffic light in the area called Tin City (inside the Wallace, NC, City limits). Nearby are all the retail shopping including Walmart, Walgreens, Food Lion, McDonald's, Zaxby's offices, etc. Great development parcel with city water and sewer. Priced to sell.
|
Additional Details
| Nearest MSA: |
Wilmington |
| County: |
Duplin |
| Submarket Type: |
Other |
| Taxing Authority: |
Duplin |
| Tax ID/APN: |
16542, 15805, 17834 |
| Zoning: |
R-20 |
| Property Located Between: |
Adjacent to Walgreen's |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Hwy 11 |
| Feet of Frontage: |
152 |
| Highway Access: |
Yes |
| Airports: |
ILM 30 miles |
| Site Description: |
1/2 cleared and 1/2 trees |
| Area Description: |
Retail area - Walmart |
| Lot Frontage: |
152' on Hwy 41 and 288' on Hwy 11 |
| Zoning Description: |
Residential |
| Topography: |
Level |
| Easements: |
Pipelines, Electric Lines, Ingress/Egress, Water Rights, Utilities |
| Available Utilities: |
Electric, Water, Sewer, Cable |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,881 |
6,346 |
10,368 |
| Median Age: |
41.82 |
41.02 |
42.2 |
| Households: |
2,022 |
2,573 |
4,196 |
|
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