000 5 Nc-55, Mount Olive, NC 28365
$2,287,500
Property Type:
Land
Lot Size (sq. ft.):
159,430
Status:
Active
Current Price:
$2,287,500
List Date:
3/03/2025
Last Modified:
3/03/2025
Description
Welcome to a prime commercial opportunity in the heart of Mount Olive! This listing presents an exceptional chance to acquire not one, but two strategically located parcels, totaling 3.66 acres of commercial real estate. The first parcel is 2.65 acres of land, offering ample space for your commercial endeavors. With road frontage providing excellent visibility and accessibility, this lot is perfectly poised for development. Adjacent to this parcel is a second lot, encompassing 1.01 acres of valuable space. This lot opens up possibilities for off-site septic systems, supplementary parking facilities, or other auxiliary functions to complement the primary development on the larger parcel. Mount Olive is home to prominent establishments such as Mount Olive Pickles, Hwy 55, Southern Bank, and the esteemed University of Mount Olive. Their close proximity, merely a quarter-mile from Walmart Supercenter, ensures high visibility and foot traffic, further enhancing their appeal.
More Information MLS# 100491935
Contract Info
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2025-03-03
Sub-Type: Industrial
Listing Price: 2287500
Current Price: $2,287,500
List Price/Acre: 625000
Stipulation of Sale: Standard
Location Information
Street #: 000
Street Name: Nc-55
Lot #: 5
County: Wayne
State/Province: NC
Zip Code: 28365
City Limits: Yes
Marketing City: Mount Olive
Subdivision: N/A
Geo Lat: 35.212199
Geo Lon: -78.075161
Remarks and Showing
Directions to Property: Head south on 117 Highway, turn right onto NC 55 West, and property is located on the right.
Sign on Property: Yes
Property Exterior Info
Acres - Total: 3.66
Lot SqFt: 159430
Deed Restriction: No
Total Road Frontage: 307
Waterfront: No
Waterview: No
Location Type: Mainland
Legal and Taxes
Tax Assessed Value: 125330
Deed Book: 02167, 2242
Deed Page: 600770
Legal: LT #5 Produce Park #1, W NC 55 HY REAR
Broker Owner: No
PID: 2573632537, 25736357
Tax Identifier: 2573632537, 2573635739
Plat Book: M
Plat Page: 28-D
Special Assessments: None
Tax Year: 2024
Zoning: Commercial
HOA: No
Cobra Zone: No
School District: Wayne County Public Schools
Elementary School: Carver
Middle School: Mount Olive
High School: Southern Wayne
Property Features
Current Use: Agricultural; Vacant
Bldgs on Property: None
Soil Evaluation: Soil Evaluation - No
Topography: Cleared; Level
Fencing: None
Fuel Tank: None
Environmental Hazard: Unknown
Land Lease: Land Lease Y/N
Utilities: Electricity Available; Water Available
Water Source: Municipal Water
HOA and Neigh Amenities: No Amenities
Terms: 1031 Exchange; Cash; Construction to Perm.; Conventional
Possession: Crop Retention
Listing Office: Kornegay Realty
Last Updated: March - 03 - 2025
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