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    607 1St St Lillington, NC 27546

    Sponsored
    For Sale
    $449,900

    High-traffic location, excellent business opportunity.

    Property size:
    2,059 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional commercial property, located at 607 S 1st Street in Lillington, NC, presents a unique investment opportunity. Boasting 2,059 square feet on a 0.45-acre lot, this property offers significant visibility with approximately 279 feet of road frontage along S. 1st and E. Harnett Streets. The ample parking provides convenient access for customers and employees. Its strategic location in Lillington places it within easy reach of Erwin, Dunn, Linden, Campbell University, Coats, and other surrounding communities, ensuring a broad customer base. The property's versatility makes it suitable for a wide range of businesses, particularly those in the medical or office sectors. Currently leased until November 13th, 2027, at a monthly rent of $4,118.00, this property offers a strong potential for future income. The existing lease provides immediate cash flow, while the prime location and substantial road frontage promise long-term growth and profitability. This is an exceptional opportunity to acquire a well-situated commercial property in a thriving area. The property is priced at $449,900.

    Property Features for 607 1St St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,059 SF
    Lot Size
    19,602 SF

    Building Details

    Year Built
    1968
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lillington
    County
    Harnett
    State
    North Carolina
    Longitude
    -78.81411
    Latitude
    35.39979

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, excellent business opportunity.
    Where is this commercial real estate located?
    The property is located at 607 1St St Lillington, NC.
    What is the asking price?
    The asking price for this property is $449,900.
    (910) 814-1012
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    607 1St St Lillington, NC 27546
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    Lillington, NC 27546
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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
    607 1St St Lillington, NC 27546
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