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5412 Carolina 41 Wallace, NC 28466
30 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Active
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 100609068
Lot Size 30.000 Acres
Acres 30.0
Property Sub-Type Residential Lot
Source Hive MLS
Property Description
Exceptional opportunity for builders, developers, and investors along NC Highway 41 in the growing Wallace market! This approximately 30-acre tract offers a combination of existing Highway Business (HB) zoning along the highway frontage and residential development potential throughout the remaining acreage.
The property is currently part of a larger approximately 39.77-acre parcel, with the current owners retaining approximately 10 acres at the rear of the property for their personal use. The sale includes only the approximately 30-acre tract highlighted in the listing photographs, subject to final survey and subdivision. The retained acreage is not included in the offering.
Approximately 1.60 acres along NC Highway 41 have previously been rezoned Highway Business (HB), creating an opportunity to explore commercial uses along the road frontage while developing a residential community on the remaining acreage. The residential portion is understood to be zoned RA-20, with preliminary concepts exploring the potential for approximately 50-60 single-family residential lots before accounting for roads, stormwater, infrastructure, and other development requirements. Final lot yield, commercial uses, access, and subdivision design are subject to applicable regulations and approvals.
Conveniently located near established residential neighborhoods, shopping, restaurants, and the Wallace commercial corridor, this property presents an opportunity for residential subdivision development, commercial frontage investment, or a thoughtfully planned combination of both.
Bring your vision and explore the possibilities of this unique development opportunity! Buyers and developers are encouraged to conduct their own due diligence regarding zoning, utilities, water and sewer capacity, access, subdivision requirements, and development feasibility. Acreage and boundaries are approximate until the proposed 30-acre tract is formally surveyed and separated.
Location
State NC
County Duplin
Community Not In Subdivision
Zoning RA-20/HB (Mixed
Direction From I-40, take Exit 385 toward Wallace/Rose Hill and follow NC-41 toward Wallace. Continue along NC-41 to 5412 S NC 41 Highway, Wallace, NC 28466. Use Google systems for exact location. Property consists of approximately 30 acres fronting NC-41, as outlined in the listing photographs. Please contact the listing agent before entering the property.
Location Details Mainland
Rooms
Other Rooms See Remarks, Manufactured Home
Exterior
Utilities Available Cable Available, Sewer Available, Sewer Tap Available, Water Available, Water Connected, See Remarks, Electricity Connected
Amenities Available See Remarks
Waterfront Description None
View None
Garage No
Building
Lot Description See Remarks, Development, Subdivided, Wooded
Water Public, County Water, Well
Others
Tax ID 331601159766
Acceptable Financing Cash, Conventional, FHA, USDA Loan, See Remarks
Listing Terms Cash, Conventional, FHA, USDA Loan, See Remarks
Special Listing Condition Standard
