Commercial Acreage for Sale
Vacant Land
for Sale
| Catylist Listing ID: |
30552664 |
| Property Subtypes: |
Residential (Single Family), Retail, Self Storage
|
| Gross Land Area: |
3.09 Acres
|
| 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: |
9/30/2020 |
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.
|
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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The information presented herein is provided as is, without warranty of any kind.
Neither Cape Fear REALTORS® nor
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