5412 Carolina 41, Wallace, NC 28466 (MLS# 100609068)

5412 Carolina 41, Wallace, NC 28466

$3,000,000

Main Location to other Development and local Wal Mart

Property Type: Land Lot Size (sq. ft.): 1,306,800 Status: Active

Current Price: $3,000,000 List Date: 10/08/2026 Last Modified: 10/09/2026

Overview

Description

PRIME 30-ACRE RESIDENTIAL & COMMERCIAL DEVELOPMENT OPPORTUNITY IN WALLACE, NC! Exceptional opportunity for builders, developers, and investors along NC Highway 41 in the growing Wallace market! This approximately 30-acre tract offers a combination of existing Highway Business (HB) zoning along the highway frontage and residential development potential throughout the remaining acreage. The property is currently part of a larger approximately 39.77-acre parcel, with the current owners retaining approximately 10 acres at the rear of the property for their personal use. The sale includes only the approximately 30-acre tract highlighted in the listing photographs, subject to final survey and subdivision. The retained acreage is not included in the offering. Approximately 1.60 acres along NC Highway 41 have previously been rezoned Highway Business (HB), creating an opportunity to explore commercial uses along the road frontage while developing a residential community on the remaini ... (Read more) PRIME 30-ACRE RESIDENTIAL & COMMERCIAL DEVELOPMENT OPPORTUNITY IN WALLACE, NC! Exceptional opportunity for builders, developers, and investors along NC Highway 41 in the growing Wallace market! This approximately 30-acre tract offers a combination of existing Highway Business (HB) zoning along the highway frontage and residential development potential throughout the remaining acreage. The property is currently part of a larger approximately 39.77-acre parcel, with the current owners retaining approximately 10 acres at the rear of the property for their personal use. The sale includes only the approximately 30-acre tract highlighted in the listing photographs, subject to final survey and subdivision. The retained acreage is not included in the offering. Approximately 1.60 acres along NC Highway 41 have previously been rezoned Highway Business (HB), creating an opportunity to explore commercial uses along the road frontage while developing a residential community on the remaining acreage. The residential portion is understood to be zoned RA-20, with preliminary concepts exploring the potential for approximately 50-60 single-family residential lots before accounting for roads, stormwater, infrastructure, and other development requirements. Final lot yield, commercial uses, access, and subdivision design are subject to applicable regulations and approvals. Conveniently located near established residential neighborhoods, shopping, restaurants, and the Wallace commercial corridor, this property presents an opportunity for residential subdivision development, commercial frontage investment, or a thoughtfully planned combination of both. Bring your vision and explore the possibilities of this unique development opportunity! Buyers and developers are encouraged to conduct their own due diligence regarding zoning, utilities, water and sewer capacity, access, subdivision requirements, and development feasibility. Acreage and boundaries are approximate until the proposed 30-acre tract is formally surveyed and separated.

Listing Details MLS# 100609068

Contract Info

Delayed Marketing?: No
Marketing Start Date: 2026-10-01
Sub-Type: Residential Lot
Listing Price: 3000000
List Price/Acre: 100000
Stipulation of Sale: Standard

Location Information

Street #: 5412
Street Name: Carolina 41
County: Duplin
State/Province: NC
Zip Code: 28466
City Limits: Yes
Marketing City: Wallace
Subdivision: Not In Subdivision
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: From I-40, take Exit 385 toward Wallace/Rose Hill and follow NC-41 toward Wallace. Continue along NC-41 to 5412 S NC 41 Highway, Wallace, NC 28466. Use Google systems for exact location. Property consists of approximately 30 acres fronting NC-41, as outlined in the listing photographs. Please contact the listing agent before entering the property.
Sign on Property: No

Property Exterior Info

Acres - Total: 30
Lot SqFt: 1306800
Waterfront: No
Waterview: No
Location Type: Mainland

Legal and Taxes

Tax Assessed Value: 765200
Deed Book: 1991
Deed Page: 877
Legal: PT OF 39.77 AC, ISLAND CREEK TWP, MB 24 PG 218, DB 1991 PG 877, APPROX 30 AC TO BE SURVEYED
Broker Owner: No
PID: 331601159766
Tax Identifier: 331601159766
Special Assessments: None
Tax Year: 2026
Zoning: RA-20/HB (Mixed

More Information

Property Features

Current Use: See Remarks Possible Use: Commercial; Development; Mixed Use; Residential; Subdevelopment; Other; See Remarks Bldgs on Property: Manufactured Home; See Remarks Soil Evaluation: Soil Evaluation - No Frontage Type: See Remarks Topography: Cleared/Partial; See Remarks View Type: See Remarks Fencing: See Remarks Fuel Tank: None Other Equipment: None Environmental Hazard: Unknown Lot Features: Cleared; Development; Rectangular Lot; Shopping Nearby; Split Possible; Subdivision Utilities: Cable Available; Electricity Connected; Sewer Available; Sewer Tap Available; Water Available; Water Connected; See Remarks Sewer: County Sewer; Municipal Sewer; Other; Septic Tank Water Source: County Water; Municipal Water; Well Lot Water Features: None HOA and Neigh Amenities: See Remarks Terms: Cash; Conventional; FHA; See Remarks; USDA Loan

IDX

Listing Office: Coldwell Banker Sea Coast Advantage

Last Updated: October - 09 - 2026

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