Off Of S Chestnut ST Mount Olive, NC 28365
0.55 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 100552856
Lot Size 0.550 Acres
Acres 0.55
Property Sub-Type Residential Land
Source Hive MLS
Property Description
Small 0.55 acre in-town lot located inside the Mount Olive city limits, just a few minutes from the University of Mount Olive. Being this close to the university can help support steady housing demand, making it a good option for a small home, student rental, or a long-term hold. The lot size makes it easy to manage and maintain.
The property sits close to local shops, restaurants, schools, and main roads, so getting around Mount Olive and the surrounding area is easy. Being inside the city limits adds value with access to municipal services and existing infrastructure. Whether you're looking to build now or hold for future use, this lot offers a solid entry point into the local market. The Town of Mount Olive is currently working through a sewer capacity issue; the lot will need to be reviewed by the town for possible septic approval, or increased sewer capacity will need to be available before a tie-in can be approved.
About the Area
The University of Mount Olive is a private university located right in town and draws students from across North Carolina and beyond. With ongoing on- and off-campus housing needs, the university helps keep demand steady for nearby residential property.
Mount Olive is also home to the Mt. Olive Pickle Company, founded in 1926 and one of the largest independent pickle producers in the country. The company is a major local employer and a big part of what keeps the town's economy stable.
Just a short drive away is Cliffs of the Neuse State Park, a well-known eastern North Carolina attraction offering scenic views, hiking trails, picnic areas, and a swimming lake—adding to the overall lifestyle appeal of the area.
Location
State NC
County Wayne
Community Not In Subdivision
Zoning R
Direction Driving on Hwy 117 going from Mount Olive to Calypso, turn left on to Short St. When you get to the intersection of Short St and S Chestnut St, turn to the left and the property will be located on the right approximately 220 from the intersection.
Rooms
Other Rooms None
Schools
Elementary Schools Carver
High Schools Southern Wayne
Others
Tax ID 2572659702
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/ncrmls/100552856
