24+/- AC Residential Land in Wallace, NC
Vacant Land
for Sale
| Catylist Listing ID: |
30716370 |
| Property Subtypes: |
Residential (Single Family)
|
| Gross Land Area: |
24 - 36 Acres
|
| Sale Price: |
$10,000 Per Acre |
| In Opportunity Zone? |
Yes |
| Adjacent Parcels Available: |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/10/2022 |
Overview / Comments
|
Approximately 24 acres for sale. Adjacent 12 tract also available which is zoned Highway business. Another 7 acre tract is a possibility. A previous site plan is attached which has not been recently updated or recorded. A gravel road has been in place and occasionally used. The actual acreage to convey will be determined by survey paid for by the Buyer.
|
Additional Details
| Nearest MSA: |
Wilmington |
| County: |
Duplin |
| Tax ID/APN: |
331800140485 |
| Zoning: |
RA-20 |
| Property Located Between: |
I-40 and US 11 on NC HWY 41 |
| Property Visibility: |
Good |
| Legal Description: |
A previous site plan is attached which has not been recently updated or recorded. Phase 2&3 of the development is complete. |
| Largest Nearby Street: |
NC HWY 41 |
| Highway Access: |
I-40 intersection is approximately 1.5 miles from entrance to this community. |
| Airports: |
ILM and RDU |
| Zoning Description: |
R-20 |
| Part of Planned Development?: |
Yes |
| Development Name: |
Eastwood Acres |
| Topography: |
Level |
| Easements: |
Electric Lines, Ingress/Egress, Utilities |
| Easements Description: |
60' wide easement for access to an additional 7 Acres |
| Available Utilities: |
Electric |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
6,346 |
8,518 |
| Median Age: |
41.02 |
42.23 |
| Households: |
2,573 |
3,458 |
|
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