Nc-55, Mount Olive, NC 28365 – MLS# 100491935
Courtesy of Megan Rose, Kornegay Realty
Description
Welcome to a prime commercial opportunity in the heart of Mount Olive! This listing presents an exceptional chance to acquire not one, but two strategically located parcels, totaling 3.66 acres of commercial real estate. The first parcel is 2.65 acres of land, offering ample space for your commercial endeavors. With road frontage providing excellent visibility and accessibility, this lot is perfectly poised for development. Adjacent to this parcel is a second lot, encompassing 1.01 acres of valuable space. This lot opens up possibilities for off-site septic systems, supplementary parking facilities, or other auxiliary functions to complement the primary development on the larger parcel. Mount Olive is home to prominent establishments such as Mount Olive Pickles, Hwy 55, Southern Bank, and the esteemed University of Mount Olive. Their close proximity, merely a quarter-mile from Walmart Supercenter, ensures high visibility and foot traffic, further enhancing their appeal.
HOA Amenities
Property Details and Features
Property Access
- Road Type/Frontage: Public (City/Cty/St)
Disclosures
- Unknown
Fence
- None
Home Owner’s Association
- HOA: No
- HOA Amenities: No Amenities
Listing
- Sub-Type: Commercial/Industrial
- Listed on 2025-03-03
- List Price/Acre: $625,000
- Terms: 1031 Exchange,Conventional,Construction to Perm.,Cash
Location
- Zip Code: 28365
- Latitude: 35.212199
- Longitude: -78.075161
- City Limits: Yes
Lot
- 159,430 sqft lot
- 3.66 total acre
- Topography: Cleared,Level
Possession
- At Closing
- Subject To Tenant Rights
- Crop Retention
Property
- Zoning: Commercial
- Bldgs on Property: None
- Soil Evaluation: Soil Evaluation – No
Schools
- School District: Wayne County Public Schools
Taxes
- Tax Assessed Value: $125,330
- City Tax Rate: 02167, 2242
- Tax Year: 2024
Utilities
- Electricity Available
- Municipal Water Available
- Fuel Tank: None