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    Denim Dr Erwin, NC 28339

    Sponsored
    For Sale
    $60,000

    0.61-acre lot, $60,000 - ideal for development

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 0.61-acre commercial lot presents a remarkable investment opportunity in the thriving town of Erwin, North Carolina. Located on Denim Drive, this property offers significant potential for a variety of commercial ventures. Its prime location provides excellent visibility and accessibility, making it an attractive site for businesses seeking a strong presence in the area. The expansive 0.61-acre parcel allows for ample development possibilities, accommodating a range of building sizes and designs. The asking price of $60,000 represents a compelling value for this strategically positioned land, offering a significant return on investment for the discerning buyer. This property is particularly well-suited for entrepreneurs and developers looking to establish a new business or expand existing operations. The absence of existing structures provides a blank canvas for creating a customized commercial space tailored to specific needs. Given its size and location, this property is expected to attract considerable interest. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering in Erwin, NC. The property is ready for immediate development, presenting a unique chance to capitalize on the growing commercial landscape of the region. Don't miss this opportunity to acquire a valuable piece of Erwin's commercial real estate market. Act quickly to secure this promising investment.

    Property Features for Denim Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    26,572 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Erwin
    County
    Harnett
    State
    North Carolina
    Longitude
    -78.67518
    Latitude
    35.32693

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - 0.61-acre lot, $60,000 - ideal for development
    Where is this commercial real estate located?
    The property is located at Denim Dr Erwin, NC.
    What is the asking price?
    The asking price for this property is $60,000.
    (910) 222-2800
    Request Owner's contact information
    Denim Dr 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
    Denim Dr Erwin, NC 28339
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