5412 Carolina 41, Wallace, NC 28466 (MLS# 100609068)

Listed by Kornerstone Group, Coldwell Banker Sea Coast Advantage.

5412 Carolina 41, Wallace, NC 28466

New Listing

$3,000,000

Property Type: Land Lot Size (sq. ft.): 1,306,800 Status: Active

Current Price: $3,000,000 List Date: 10/08/2026 Last Modified: 10/08/2026

Overview

Description

PRIME 30-ACRE RESIDENTIAL & COMMERCIAL DEVELOPMENT OPPORTUNITY IN WALLACE, NC! Exceptional opportunity for builders, developers, and investors along NC Highway 41 in the growing Wallace market! This approximately 30-acre tract offers a combination of existing Highway Business (HB) zoning along the highway frontage and residential development potential throughout the remaining acreage. The property is currently part of a larger approximately 39.77-acre parcel, with the current owners retaining approximately 10 acres at the rear of the property for their personal use. The sale includes only the approximately 30-acre tract highlighted in the listing photographs, subject to final survey and subdivision. The retained acreage is not included in the offering. Approximately 1.60 acres along NC Highway 41 have previously been rezoned Highway Business (HB), creating an opportunity to explore commercial uses along the road frontage while developing a residential community on the remaini … (Read more) PRIME 30-ACRE RESIDENTIAL & COMMERCIAL DEVELOPMENT OPPORTUNITY IN WALLACE, NC! Exceptional opportunity for builders, developers, and investors along NC Highway 41 in the growing Wallace market! This approximately 30-acre tract offers a combination of existing Highway Business (HB) zoning along the highway frontage and residential development potential throughout the remaining acreage. The property is currently part of a larger approximately 39.77-acre parcel, with the current owners retaining approximately 10 acres at the rear of the property for their personal use. The sale includes only the approximately 30-acre tract highlighted in the listing photographs, subject to final survey and subdivision. The retained acreage is not included in the offering. Approximately 1.60 acres along NC Highway 41 have previously been rezoned Highway Business (HB), creating an opportunity to explore commercial uses along the road frontage while developing a residential community on the remaining acreage. The residential portion is understood to be zoned RA-20, with preliminary concepts exploring the potential for approximately 50-60 single-family residential lots before accounting for roads, stormwater, infrastructure, and other development requirements. Final lot yield, commercial uses, access, and subdivision design are subject to applicable regulations and approvals. Conveniently located near established residential neighborhoods, shopping, restaurants, and the Wallace commercial corridor, this property presents an opportunity for residential subdivision development, commercial frontage investment, or a thoughtfully planned combination of both. Bring your vision and explore the possibilities of this unique development opportunity! Buyers and developers are encouraged to conduct their own due diligence regarding zoning, utilities, water and sewer capacity, access, subdivision requirements, and development feasibility. Acreage and boundaries are approximate until the proposed 30-acre tract is formally surveyed and separated.

Listing Details MLS# 100609068

Contract Info

Delayed Marketing?: No
Marketing Start Date: 2026-10-01
Sub-Type: Residential Lot
Listing Price: 3000000
List Price/Acre: 100000
Stipulation of Sale: Standard

Location Information

Street #: 5412
Street Name: Carolina 41
County: Duplin
State/Province: NC
Zip Code: 28466
City Limits: Yes
Marketing City: Wallace
Subdivision: Not In Subdivision
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: From I-40, take Exit 385 toward Wallace/Rose Hill and follow NC-41 toward Wallace. Continue along NC-41 to 5412 S NC 41 Highway, Wallace, NC 28466. Use Google systems for exact location. Property consists of approximately 30 acres fronting NC-41, as outlined in the listing photographs. Please contact the listing agent before entering the property.
Sign on Property: No

Property Exterior Info

Acres – Total: 30
Lot SqFt: 1306800
Waterfront: No
Waterview: No
Location Type: Mainland

Legal and Taxes

Tax Assessed Value: 765200
Deed Book: 1991
Deed Page: 877
Legal: PT OF 39.77 AC, ISLAND CREEK TWP, MB 24 PG 218, DB 1991 PG 877, APPROX 30 AC TO BE SURVEYED
Broker Owner: No
PID: 331601159766
Tax Identifier: 331601159766
Special Assessments: None
Tax Year: 2026
Zoning: RA-20/HB (Mixed

Current Use

See Remarks: Yes

More Information

Possible Use

Commercial: Yes
Development: Yes
Mixed Use: Yes
Residential: Yes
Subdevelopment: Yes
Other: Yes
See Remarks: Yes

Bldgs on Property

Manufactured Home: Yes
See Remarks: Yes

HOA and Neigh Amenities

See Remarks: Yes

Soil Evaluation

Soil Evaluation – No: Yes

Frontage Type

See Remarks: Yes

View Type

See Remarks: Yes

Topography

Cleared/Partial: Yes
See Remarks: Yes

Lot Water Features

None: Yes

Terms

Cash: Yes
Conventional: Yes
FHA: Yes
See Remarks: Yes
USDA Loan: Yes

Fencing

See Remarks: Yes

Fuel Tank

None: Yes

Other Equipment

None: Yes

Environmental Hazard

Unknown: Yes

Lot Features

Cleared: Yes
Development: Yes
Rectangular Lot: Yes
Shopping Nearby: Yes
Split Possible: Yes
Subdivision: Yes

Lot Description

Wooded: Yes
See Remarks: Yes

Road Type/Frontage

Public (City/Cty/St): Yes
See Remarks: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Sewer Available: Yes
Sewer Tap Available: Yes
Water Available: Yes
Water Connected: Yes
See Remarks: Yes

Sewer

County Sewer: Yes
Municipal Sewer: Yes
Other: Yes
Septic Tank: Yes

Water Source

County Water: Yes
Municipal Water: Yes
Well: Yes

Property Features

Current Use: See Remarks Possible Use: Commercial; Development; Mixed Use; Residential; Subdevelopment; Other; See Remarks Bldgs on Property: Manufactured Home; See Remarks Soil Evaluation: Soil Evaluation – No Frontage Type: See Remarks Topography: Cleared/Partial; See Remarks View Type: See Remarks Fencing: See Remarks Fuel Tank: None Other Equipment: None Environmental Hazard: Unknown Lot Features: Cleared; Development; Rectangular Lot; Shopping Nearby; Split Possible; Subdivision Utilities: Cable Available; Electricity Connected; Sewer Available; Sewer Tap Available; Water Available; Water Connected; See Remarks Sewer: County Sewer; Municipal Sewer; Other; Septic Tank Water Source: County Water; Municipal Water; Well Lot Water Features: None HOA and Neigh Amenities: See Remarks Terms: Cash; Conventional; FHA; See Remarks; USDA Loan

IDX

Listing Office: Coldwell Banker Sea Coast Advantage

Last Updated: October – 08 – 2026

Copyright 2026 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

Search powered by FBS Products

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 9:51 PM on October 8, 2026 (EDT). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Better Homes and Gardens Real Estate Treasure shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 Hive MLS LLC

Listing information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The “updated as of” time above is when the listing data on this page was retrieved from the MLS feed; where a page draws on more than one feed response, it is the earliest retrieval time. The date shown with each listing (“Last Modified” or “Last Updated”) is when that listing itself last changed.

Search Topsail Island and mainland homes