433 US Hwy 70 E - Commercial Land Development Opportunity 4 Acres of Commercial Land Offered at $1,953,448 CAD in Selma, NC 27576
INVESTMENT HIGHLIGHTS
- Property adjacent to I-95 exit 97.
- Water, Sewer and Natural Gas available.
- Potential to subdivide for varied development uses.
- Located in "Opportunity Zone".
- Access easement
- Owner will consider ground lease or sale.
EXECUTIVE SUMMARY
This 4-acre tract available with 1.20 U/C for QSR. Located at the I-95/US 70 (Future I-42) interchange (Exit 97) in Selma. Property is 18 miles to I-40 via I-95, 23 miles to Goldsboro via US 70 and 31 miles to Raleigh via US 70 to I-40. Property is in the Federally designated "Opportunity Zone". Census reports show 7-9 million visitors per year to the area. Walking distance to several QSRs and less than a mile from Carolina Premium Outlet Center. Access easement to Hwy 70 business. Property owner will consider ground lease/sale. Exiting off I-95 this property has an open visibility for travelers. Crocker Street behind this property giving an easy access to Ricks Road. Exiting off I-95 this property has an open visibility for travelers.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,953,448 CAD |
| Price Per AC | $488,362.02 CAD |
| Lot Size | 4.00 AC |
Property directly off I-95 at Exit 97. 1.20 ac U/C for a QSR. 4 ac have the protentional for retailers and hospitality investors. Access easement to Hwy 70 business. Property owner will consider ground lease/sale. 125 access easement.
DESCRIPTION
4 acre tract now available. 1.20 U/C for QSR. Located at the I-95/US 70 (Future I-42) interchange (Exit 97) in Selma. Property is 18 miles to I-40 via I-95, 23 miles to Goldsboro via US 70 and 31 miles to Raleigh via US 70 to I-40. Property is in the Federally designated "Opportunity Zone". Census reports show 7-9 million visitors per year to the area. Walking distance to several QSRs and less than a mile from Carolina Premium Outlet Center. Available utilities are water/sewer/natural gas.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $1,862,857 CAD | Total Assessment | $1,862,857 CAD |
ZONING
| Zoning Code | IHI |
