Nearly 4 Acres with 30,000 SF Commercial Building | Investment & Redevelopment Opportunity

Investment Overview

824 Old Wilmington Road presents an exceptional investment and redevelopment opportunity in Wallace, North Carolina. Situated on nearly 4 acres, this property features an approximately 30,000-square-foot commercial building, offering substantial space and flexibility at an attractive asking price of $325,000. The property's generous acreage and existing improvements create opportunities for a variety of commercial and industrial uses, including warehousing, distribution, storage, light manufacturing, and other business operations. Beyond its current configuration, the property offers potential for adaptive reuse or future redevelopment, including the possibility of residential development subject to rezoning and applicable governmental approvals. Whether you are an investor seeking a value-add opportunity, a business owner looking for substantial operational space, or a developer exploring future possibilities, this property offers an affordable entry point into the Wallace market with significant potential for repositioning.

Investment Highlights

• Asking Price: $325,000
• Building Size: Approximately 30,000 SF
• Land Area: Nearly 4 acres
• Property Type: Commercial / Industrial / Redevelopment Opportunity
• Investment Potential: Attractive acquisition price with opportunities for value-add improvements and adaptive reuse
• Potential Uses: Warehouse, distribution, storage, light manufacturing, and commercial operations
• Redevelopment Opportunity: Potential residential conversion or redevelopment, subject to rezoning and governmental approvals
• Regional Accessibility: Convenient access to Wallace and surrounding Duplin County communities, with connectivity to Interstate 40
• Ideal Buyers: Investors, owner-users, developers, and businesses seeking substantial building space and acreage