723 North Norwood Street Land/Development
  • Asking Price
    $250KAsking Price
  • Price/Acre
    $208KPrice/Acre
  • Acres
    ~1.20 acAcres
  • Property Type
    LandProperty Type
  • Access Frontage
    Frontage to…Access Frontage
  • Zoning
    Highway Bus…Zoning

Description

Offered at $250,000, this 1.2-acre commercial outparcel at 723 North Norwood Street fronts US Highway 117 within Wallace Crossing Shopping Center. The Highway Business-zoned site benefits from access through a signalized intersection and visibility in Wallace’s established commercial corridor.

The center is anchored by Ollie’s Bargain Outlet and is near Hardee’s, KFC and GoGas. Highway Business zoning may support retail, quick-service restaurant, convenience, professional office and service uses, subject to Town of Wallace approval.

The property is approximately 0.5 mile from Wallace’s Main Street district and NC Highway 41, 0.7 mile from NC Highway 11, 3 miles from Interstate 40 and 40 miles from Wilmington International Airport and downtown Wilmington. LoopNet identifies the site as being within an Opportunity Zone.

Prospective buyers should independently verify zoning, permitted uses, utility capacity, parcel boundaries, access, traffic counts and all development requirements.

Offering Summary

  • Asking Price
    $250,000
  • Price/Acre
    $208,333
  • Property Type
    Land
  • Properties
    1
  • Total Acres
    ~1.20 ac

Documents

Property Address

723 North Norwood Street
Wallace, NC 28466

Property Details

  • Property Type
    Land/Development
  • Acres
    1.20
  • Zoning
    Highway Business
  • Access Frontage
    Frontage to Hwy 117; accessible through a lighted intersection
  • Highest & Best Use
    Retail / QSR / Commercial Outparcel

Deal Team

Frank Efird profile image

Frank Efird

Managing Director
SVN Efird Commercial Real Estate