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 TypeLand
- Properties1
- Total Acres~1.20 ac
Documents
Property Address
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



