Nc-55, Mount Olive, NC 28365 – MLS# 100491935

Property Map

$2,287,500 – Nc-55, Mount Olive, NC 28365

Street View

$2,287,500
3.66 Acre Lot
159,430 Sqft Lot
Status Active
Property Type Commercial/industrial
Price Type
Days on Website 58

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

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