Wallace Land for Sale

Wallace Land for Sale

Welcome to Wallace, North Carolina – a hidden gem nestled in the heart of Duplin County. Known for its rich history, charming small-town atmosphere, and vibrant community spirit, Wallace offers a unique blend of rural tranquility and modern convenience. With a population of just over 3,000 residents, this quaint town provides a close-knit community feel while being just a short drive from larger cities like Wilmington and Jacksonville.

Wallace boasts a picturesque landscape, where rolling hills and lush greenery create a serene backdrop for outdoor activities. The town is surrounded by beautiful farmland, making it perfect for those seeking a peaceful lifestyle with a connection to nature. You'll find a variety of local shops, restaurants, and parks, ensuring that residents have everything they need within arm's reach.

For those looking to invest in land, Wallace presents an incredible opportunity. With a range of parcels available for sale, you can find the perfect piece of property to build your dream home or establish a thriving business. Whether you envision a sprawling estate surrounded by nature or a cozy retreat just minutes from town, the land for sale in Wallace offers endless possibilities.

Imagine waking up to the sound of chirping birds, sipping coffee on your porch, and watching the sunset over the horizon. Wallace is not just a place to live; it's a place to thrive. Come discover the charm of Wallace, NC, and explore the land waiting for you to make it your own!

Newest Wallace Land for Sale

5412 Carolina 41, Wallace
$3,000,000
100609068 MLS ⋅ ACTIVE Status
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.

5412 Carolina 41, Wallace

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