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    I St Erwin, NC 28339

    Sponsored
    For Sale
    $50,000

    Half-acre lot, ideal for business development.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 0.57-acre commercial lot presents a remarkable opportunity for entrepreneurs and investors alike. Situated on E I Street in the thriving town of Erwin, North Carolina, this property offers unparalleled potential for a diverse range of commercial ventures. The generous lot size provides ample space for constructing a new building or expanding an existing operation. Its strategic location ensures high visibility and easy accessibility, making it an attractive proposition for businesses seeking a strong presence in the community. The asking price of $50,000 represents exceptional value for a property of this size and location in Erwin. This is a rare chance to acquire a prime commercial lot in a growing area, offering significant long-term investment potential. The property's classification as "General Commercial" allows for a wide array of permitted uses, subject to local zoning regulations. Prospective buyers are encouraged to conduct their own due diligence to confirm suitability for their intended purpose. Don't miss this opportunity to secure a foothold in a dynamic and promising market. Act quickly, as properties like this are rarely available. The address is E I Street, Erwin, NC.

    Property Features for I St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    24,829 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Erwin
    County
    Harnett
    State
    North Carolina
    Longitude
    -78.67521
    Latitude
    35.32962

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Half-acre lot, ideal for business development.
    Where is this commercial real estate located?
    The property is located at I St Erwin, NC.
    What is the asking price?
    The asking price for this property is $50,000.
    (910) 222-2800
    Request Owner's contact information
    I St Erwin, NC 28339
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    Erwin, NC 28339
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    I St Erwin, NC 28339
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