57+ Acre Development Site
$1,268,000
Hwy 55, Mount Olive, NC 28365
57.64 acres
Lot Area
Details:
Highlights:
- ±57.64 acres across three parcels
- Zoned AR (Agricultural/Residential)
- Frontage along NC Highway 55
- Ideal residential subdivision opportunity
- Minutes from University of Mount Olive
- Septic required; no public sewer
Description:
This ±57.64-acre offering combines three contiguous parcels totaling 55.85 acres, 1.70 acres, and 0.09 acres and is available for $1,268,000. Located along NC Highway 55 in Mount Olive, the property offers exceptional visibility and convenient access while maintaining the privacy and scale sought after for residential development. Zoned AR (Agricultural/Residential District), the tract is well suited for a future residential subdivision, estate lots, or a private residential community, subject to local approvals. The property consists primarily of open agricultural fields with wooded buffers and natural topography that create an attractive setting for neighborhood design. The existing layout provides multiple access points from Highway 55, while the combination of cleared acreage and mature tree lines offers flexibility for site planning. Public sewer is not available, so future residential development will require individual septic systems. The offering includes three parcels (Wayne County Parcel IDs 2573103985, 2573006940, and 2573019105) being sold together.
Situated along NC Highway 55, this property provides convenient access to Mount Olive's commercial corridor while remaining just minutes from many of the area's largest employers and amenities. The site is only a short drive from the University of Mount Olive, Walmart, and the internationally recognized Mount Olive Pickle Company production facility, making it an appealing location for future residential growth. The surrounding area offers a blend of agricultural land, established homes, and commercial businesses, creating an ideal setting for new housing development. Within a 5-mile radius, the area supports a daytime population of 10,273 and an average household income of $72,488, demonstrating a stable local market with a solid employment base.
Documents:
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| Mount Olive 57 AC Sale Brochure (L) - PM | ||
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Location
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