• Broker Teresa Daughtry 9196694748

433 US Hwy 70 E - Commercial Land Development Opportunity 4 Acres of Commercial Land Offered at $1,936,634 CAD in Selma, NC 27576

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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.

ATTACHMENTS

433_US_Hwy_70_-_Sale_Brochure (2).3-14-24

PROPERTY FACTS

Price $1,936,634 CAD
Sale Type Investment or Owner User
Sale Conditions
Build to Suit
  • Lease Option
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hospitality
  • Fast Food
  • Motel
  • Restaurant
Total Lot Size 4.00 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning IHI

1 LOT AVAILABLE

Lot

Price $1,936,634 CAD
Price Per AC $484,158.49 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.

LINKS

PROPERTY TAXES

Parcel Numbers 14074008R, 14N99007, 14074008T Improvements Assessment $0 CAD
Land Assessment $1,792,573 CAD Total Assessment $1,792,573 CAD

MAP

ADDITIONAL PHOTOS

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View Photo 433 US Hwy 70 E - Selma JPG
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