Commercial Acreage for Sale
Vacant Land
for Sale
Catylist Listing ID: |
30552664 |
Property Subtypes: |
Residential (Single Family), Retail, Self Storage
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Gross Land Area: |
3.09 Acres
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Sale Price: |
$329,000 |
Unit Price: |
$106,472 Per Acre |
In Opportunity Zone? |
Yes |
Sale Terms: |
Cash to Seller, Other |
Cap Rate: |
Undisclosed |
Last Updated: |
1/13/2021 |
Overview / Comments
This is a tremendous opportunity for a buyer looking to cash in on high traffic numbers. Approximately 2 acres of this parcel is zoned Highway Business, and would be ideal for a convenient mart and restaurant. Access is directly off of Highway 41 and a cross access with the neighboring shopping center has been discussed and is possible.
The rear portion of the property is zoned R-20MH. A previous attempt to have this section rezoned to Highway Business received no opposition from the city, however the prospective buyer was unable to complete deal.
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Additional Details
Nearest MSA: |
Wilmington |
County: |
Duplin |
Tax ID/APN: |
09-4278 |
Zoning: |
HIGHWAY BUSINESS AND R-20MH |
Property Located Between: |
I 40 and town of Wallace |
Property Visibility: |
Excellent |
Legal Description: |
Parcel #: 09-4278
Pin #: 330604829441 |
Largest Nearby Street: |
NC Hwy 41 |
Feet of Frontage: |
355 |
Highway Access: |
Directly off of HWY 41 |
Site Description: |
Located in the Wallace ETJ |
Area Description: |
Wallace is a very nice town off of I 40 in Duplin County. This site is located directly across from Wal-Mart and adjacent to many other retail users. |
Lot Frontage: |
355 |
Lot Depth: |
450 |
Zoning Description: |
1.985 Acres Highway Business
1.108 Acres R-20MH |
Topography: |
Level |
Available Utilities: |
Electric, Water, Gas, Sewer, Storm Drain, Cable |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
4,881 |
6,346 |
8,518 |
Median Age: |
41.82 |
41.02 |
42.23 |
Households: |
2,022 |
2,573 |
3,458 |
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