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- LoopNet Team
4880 NC 42 E Hwy
Selma, NC 27576
The Waterfront District · Land For Sale
·
16.20 AC
Investment Highlights
- Pad-ready ±16.2-acre site with utilities and infrastructure in place.
- Located in North Carolina’s largest PUD with 5,600+ homes and 150,000 SF of existing commercial.
- 25 minutes from Raleigh with access to major highways and regional amenities.
- Zoned for mixed-use including hospitality, retail, medical, and residential.
- No city tax status supports reduced carrying costs and stronger ROI.
Property Facts
| Property Type | Land | Total Lot Size | 16.20 AC |
| Property Subtype | Commercial | ||
| Zoning | PUD - Planned Use Development | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 16.20 AC |
| Zoning | PUD - Planned Use Development |
Description
Positioned within the award-winning Flowers Plantation, the ±16.2-acre Waterfront District site offers a rare opportunity to shape the future of one of the Triangle region’s most dynamic growth corridors. Located just 25 minutes from Raleigh and adjacent to established retail, dining, and residential communities, this pad-ready site is fully cleared, graded, and equipped with utilities including water, sewer, electric, natural gas, and fiber from multiple providers. The property benefits from curbed and guttered infrastructure and a streamlined permitting process through Johnston County, with approvals typically issued within 30–60 days. The Waterfront District is envisioned as a vibrant neo-urbanism hub blending hospitality, retail, medical office, townhomes, and multifamily residential. With over 150,000 square feet of commercial space already developed and another 350,000 square feet planned, the area is primed for expansion. The surrounding Flowers Plantation community spans 3,000 acres and includes over 5,600 single-family homes, 30+ miles of walking trails, resort-style amenities, and a thriving town center. The site’s no city tax status enhances its investment appeal, reducing carrying costs and supporting long-term growth. Demographics within a 3-mile radius show household incomes exceeding $165,000 and a highly educated, family-oriented population. This location is ideal for developers seeking to capitalize on strong demand for lifestyle-driven housing and commercial offerings in a master-planned environment with built-in consumer density and infrastructure
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $651,200 | Total Assessment | $651,200 |
Property Taxes
