For Sale
$1,400,000

433 Us-70 Selma, NC 27576

High-traffic location, prime development.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 5-acre commercial land parcel in Selma, NC, presents a lucrative investment opportunity. Located at the I-95/US 70 interchange in an Opportunity Zone, this property boasts unparalleled access to major highways and high-traffic areas, making it ideal for diverse development projects. The IHI zoning allows for a variety of uses, and essential utilities including water, sewer, and natural gas are readily available. An existing access easement to Hwy 70 is in place. The property's strategic location near retail centers like the Carolina Premium Outlets and numerous dining establishments ensures high visibility and strong potential for growth. Currently, 1.20 acres are under construction for a quick-service restaurant. The seller is open to considering both ground lease and sale options, providing flexibility for various investment strategies. This prime location in Johnston County's Raleigh-Durham submarket offers significant potential for investors seeking to capitalize on a thriving commercial landscape. The land is priced at $1,400,000, with a land value of $8.24 per square foot. The property's APN is 261409-15-0471. This is a rare opportunity to acquire a highly desirable commercial property in a rapidly developing area.

Highlights

  • I-95 Exit 97 adjacency.
  • Opportunity Zone location.
  • Water, sewer, and natural gas available.
  • Existing Hwy 70 access easement.
  • Potential for subdivision and varied development uses.
  • Sale or ground lease options available.

Property Details for 433 Us-70

Property type
Land
Lot Size (sq. ft)
217,800 SF

Location Insight

City
Selma
County
Johnston
State
North Carolina
Latitude
35.520819935857
Longitude
-78.291011773633

FAQs

What type of property is this?
Land - High-traffic location, prime development.
Where is the land located?
The property is located at 433 Us-70 Selma, NC.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: I-95 Exit 97 adjacency.; Opportunity Zone location.; Water, sewer, and natural gas available.
How can I contact the broker?
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433 Us-70
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