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433 US Hwy 70 E - Commercial Land Development Opportunity
4 Acres of Commercial Land Offered at $1,400,000 in Selma, NC 27576
Investment Highlights
- Property adjacent to I-95 exit 97.
- Water, Sewer and Natural Gas available.
- Potential to subdivide for varied development uses.
- Located in "Opportunity Zone".
- Access easement
- Owner will consider ground lease or sale.
Executive Summary
Property Facts
| Price | $1,400,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| Sale Conditions | Total Lot Size | 4.00 AC | |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $1,400,000 |
| Sale Type | Investment or Owner User |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.00 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $1,400,000 | Lot Size | 4.00 AC |
| Price Per AC | $350,000 |
| Price | $1,400,000 |
| Price Per AC | $350,000 |
| Lot Size | 4.00 AC |
Property directly off I-95 at Exit 97. 1.20 ac U/C for a QSR. 4 ac have the protentional for retailers and hospitality investors. Access easement to Hwy 70 business. Property owner will consider ground lease/sale. 125 access easement.
Description
4 acre tract now available. 1.20 U/C for QSR. Located at the I-95/US 70 (Future I-42) interchange (Exit 97) in Selma. Property is 18 miles to I-40 via I-95, 23 miles to Goldsboro via US 70 and 31 miles to Raleigh via US 70 to I-40. Property is in the Federally designated "Opportunity Zone". Census reports show 7-9 million visitors per year to the area. Walking distance to several QSRs and less than a mile from Carolina Premium Outlet Center. Available utilities are water/sewer/natural gas.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,295,090 | Total Assessment | $1,295,090 |
PROPERTY TAXES
zoning
| Zoning Code | IHI |
| IHI |
Presented by
433 US Hwy 70 E - Commercial Land Development Opportunity
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