Seven 10 Acre Lots in Wallace
$200,000
Wallace, NC
10 acres
Lot Area
Mixed Use
Zoning
Details:
Highlights:
- Homes, Modulars, Mobile Homes, Barns, and Commercial buildings are acceptable
- Open zoning on all land!
- Old Golf Course with Picturesque Land, Mature Hardwoods, and Pines
- Ponds are on some of the land tracts
- All the land tracts for sale have cleared land and wooded land
- A creek surrounds some of the tracts as the property line on portions
Description:
There are seven lots total, each with ten acres up for sale. With as low as a $25,000 down payment, they may be purchased for between $135,000 and $250,000. Financing from the seller, i.e. $135,000 for a ten-acre property requires a $25,000 down payment. The remaining amount will be $1116.75 a month for 20 years at an interest rate of 10.75%.
Some parcels are more expensive than others due to factors including location, road frontage, trees vs. cleared area on a given parcel, creek water sources, and ponds.
Larger than 10-acre lots are available.
When there is heavy rain that impacts large" NAMED" storms, or two to three days of heavy rainfall (in high-inch records), land might flood for one to three days; therefore, all structures have to be constructed in compliance with Duplin County's flood height regulations.
The properties are within five miles from Interstate 40; Wilmington, North Carolina, Fayetteville, North Carolina, Raleigh, North Carolina, and Myrtle Beach are approximately 39, 67, and 120 miles away, respectively. The properties are ideal for salespeople, remote workers, pre-retirees, and retirees, among others.
Duke power lines run along the perimeter of the property, making the power source relatively close.
The owner is also the Broker and is licensed in NC.
Location
Gallery