Commercial Land Near University
For Sale
$400,000
704 Prospect Road, Pembroke, NC 28372
CommercialSale, Pembroke, NC
Property SizeContact for details
Lot Size1.95 Acres
Days on Market1805
Property Features for 704 Prospect Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
C(P) - Planned Commercial District
Subdivision
NOT IN SUBDIVISION
Lot features
One To Two Acres
Directions
Hwy. 711 to Pembroke. Turn right on Prospect Rd. Subject is on the right.
Standard status
Active
APN
1404-03-016
Lot size
1.95 Acres
Taxes and HOA fees
Tax Description
E SIDE SR 1340 LT5
Legal Description
E SIDE SR 1340 LT5
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1978
Listing Agency:
CENTURY 21 The Real Estate Center · Century 21 Real Estate
(910) 738-8151
Listed By:
ELLIOTT WILLIAMSON · License #108153
(910) 671-7016
Added: Oct 6, 2021
Changed: Sep 1
Last Checked: Sep 14 at 7:06AM
MLS# 670126
Copyright © 2026 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1.95-acre commercial land site is designated for dedicated retail within a new mixed-use development that includes 570 student housing beds. The property supports several development paths, including a ground lease, built-to-suit construction, or purchase.
The site is positioned across the street from the main campus of UNC Pembroke and approximately 1,500 feet from James A. Thomas Hall, home of the Thomas School of Business. Public water and public sewer serve the property, providing established utility access for future development.
The site is positioned across the street from the main campus of UNC Pembroke and approximately 1,500 feet from James A. Thomas Hall, home of the Thomas School of Business. Public water and public sewer serve the property, providing established utility access for future development.
Key Highlights
- 1.95‑acre commercial land site designated for dedicated retail
- Part of a mixed‑use development with 570 student housing beds
- Across the street from the main campus of UNC Pembroke
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
Explore this area
Business Placement
Demographics for 28372, NC
13,765
Population
4,652
Households
3
Avg Household Size
30
Median Age
22%
College-Educated
85%
High-School Grad
44.3 sq mi
ZIP Area
311
Density / Sq Mi
$31,860
Median Household Income
$33,845
Median Earnings
$728
Median Rent
$100,900
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Commercial land - Dedicated retail land with public water and public sewer service.
Where is this commercial land located?
The property is located at 704 Prospect Road Pembroke, NC.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 1.95‑acre commercial land site designated for dedicated retail; Part of a mixed‑use development with 570 student housing beds; Across the street from the main campus of UNC Pembroke
