Listing banner image
  • Asking Price
    $250,000Asking Price
  • Price/Acre
    $250,000Price/Acre
  • Property Type
    Land/DevelopmentProperty Type
  • Acres
    ~1 acAcres
  • Access Frontage
    Located on NC Hwy 117; high visibility and easy accessAccess Frontage
  • Zoning
    Highway Business / CommercialZoning

Description

Outparcel #4 at Wallace Crossing Shopping Center presents a rare opportunity to acquire a premier one-acre development site in the heart of Wallace, North Carolina. Strategically positioned at 768 NE Railroad Street with direct frontage on NC Highway 117, this parcel benefits from exceptional visibility, ease of ingress and egress, and adjacency to a thriving retail hub. Zoned Highway Business/Commercial, the land is primed for a broad spectrum of uses—including retail, office, medical, hospitality, or mixed-use concepts—making it an ideal acquisition for owner-users and investors alike.

Offered at $250,000 per acre, this tract delivers an attractive entry point into the Wallace/Duplin County market, where demand for quality commercial real estate continues to outpace supply. Investors will appreciate the site’s flexibility and upside potential, whether as a standalone build-to-suit pad or as part of a larger phased development. With no existing structures to remove and utility connections readily available along the highway frontage, the property affords expedited entitlement and construction timelines.

The Wallace submarket is defined by its strong daytime population draw and growing residential base, supported by easy access to major regional thoroughfares. Surrounding tenants include national retailers, quick-service restaurants, and service providers, creating a dynamic co-tenant environment that drives consistent traffic and consumer spending. This outparcel’s proximity to established retail anchors enhances both market exposure and long-term value appreciation.

For investors seeking a high-profile land play in a secondary coastal market, Outparcel #4 represents a compelling proposition. Capitalize on the site’s highway frontage, commercial zoning, and competitive price point to capture meaningful returns in one of Duplin County’s most active retail corridors. Flexible terms can be structured to accommodate purchase timelines and development objectives—contact the listing team today to explore this exceptional offering.

Offering Summary

  • Asking Price
    $250,000
  • Price/Acre
    $250,000
  • Property Type
    Land/Development
  • Total Acres
    ~1 ac

Documents

Property Address

768 NE Railroad Street
Wallace, NC 28466

Property Details

  • Property Type
    Land/Development
  • Zoning
    Highway Business / Commercial
  • Access Frontage
    Located on NC Hwy 117; high visibility and easy access
  • APN
    12345

Deal Team

Frank Efird profile image

Frank Efird

Managing Director Managing Director
SVN Efird Commercial Real Estate
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