13.6+ acres at I-40 & HWY 11 Interchange - Opportunity Zone

Vacant Land for Sale
Catylist Listing ID: 30706023
Property Subtypes: Industrial, Office, Retail, Retail-Pad, Self Storage
Gross Land Area: 13.60 Acres
Sale Price: $495,000
Unit Price: $36,397 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/9/2021

Overview / Comments

The subject property is located at the I-40 and HWY 11 interchange in Wallace, NC, and consists of 13.6+/- acres. Zoned Highway Business and located within an Opportunity Zone, this site would make a great location for a wide array of commercial uses. Approximately 8 acres of the site is cleared and ready to go, while the remaining acreage has standing timber. Municipal water/sewer is located in the road along HWY 11 at this site.

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Additional Details

Nearest MSA: Wilmington
County: Duplin
Taxing Authority: Wallace / Duplin County
Tax ID/APN: 330704915968
Zoning: HB (HIGHWAY BUSINESS)
Property Located Between: Interstate 40 and High School Road
Property Visibility: Excellent
Largest Nearby Street: I-40
Lot Frontage: 800+
Zoning Description: Highway Business
Topography: Level
Available Utilities: Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,346 11,610
Median Age: 41.02 41.75
Households: 2,573 4,696

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