0 Hwy 41 and Hwy 11

Vacant Land for Sale
Catylist Listing ID: 30600579
Property Subtypes: Agricultural, Mobile Home Park, Office, Retail, Self Storage, Other
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: 3/18/2021

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.

Attachments & Media

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

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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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