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About this home
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.
Facts
- Type
- Residential Lot
- Lot
- 30 acres
- County
- Duplin
- Water
- Public, County Water, Well
- Listed
- Oct 8, 2026
- MLS #
- 100609068
Features
Outside
- Development
- Subdivided
- Wooded
- None
Directions to 5412 Carolina 41
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.
Our take on 5412 Carolina 41
Written by the Buddy Blake Team from the listing photos and MLS data. Not part of the MLS listing or the listing broker's description.
The lot covers about 30 acres in the Wallace area and fronts NC Highway 41. Much of the cleared ground is open grassland with several mature trees scattered across it. A dirt drive curves in from the road toward a small white single-story building with a gabled roof, which sits in a cleared area with a shed and a raised garden bed nearby. Trees frame the acreage on several sides.
Toward the back and along the northern edge, the lot is heavily wooded with a dense mix of trees, creating a natural boundary around the cleared portion. The land is subdivided and not part of a named subdivision. Listed utilities include public service, county water and a well. No water features or views are noted for the property.
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About 5412 Carolina 41
5412 Carolina 41 is a lot, on 30 acres, Wallace, Duplin County, NC 28466.
It has been on the market for 18 days.
Area figures are broad context from the MLS, not a valuation — they don't adjust for condition, lot, views or updates. Ask us for a true comparison.
Buying 5412 Carolina 41
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What's my home worth? →Questions about 5412 Carolina 41
How much is 5412 Carolina 41?
5412 Carolina 41 is listed at $3,000,000 as of October 26, 2026. Status: for sale.
How long has 5412 Carolina 41 been on the market?
18 days.
Who is the listing broker for 5412 Carolina 41?
Coldwell Banker Sea Coast Advantage (MLS #100609068). The Buddy Blake Team can show it to you and answer questions.
Can I tour 5412 Carolina 41?
Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.