701 Erwin Rd Dunn, NC 28334-4521
This exceptional 1-acre commercial property at 701 Erwin Road in Dunn, NC, presents a unique investment opportunity. Boasting an impressive 349 feet of road frontage, this highly visible location ensures maximum exposure for any business. The property's versatile zoning allows for a wide range of commercial uses, making it ideal for entrepreneurs and established businesses alike. The seller is offering a compelling incentive: a build-to-suit option, tailoring the construction to meet specific business needs. Alternatively, a ground lease arrangement can be negotiated, providing flexibility for long-term investment strategies. This prime location in Dunn offers easy access to major transportation routes, ensuring convenient access for customers and employees. The property's significant road frontage provides ample space for signage and parking, maximizing visibility and convenience. This is a rare opportunity to acquire a highly desirable commercial parcel in a thriving community. The asking price of $450,000 reflects the property's exceptional location and development potential. Don't miss this chance to secure a prominent commercial presence in Dunn, NC. Contact us today to learn more and schedule a showing.
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Tacos Los Amigos Restaurant
Highway Commercial District (C-3) The C-3 district permits uses that depend on both a large flow of traffic and convenient access, such as along major, collector, and sub-collector streets as designated by the City’s thoroughfare plan. Neighborhood Business District (C-4) The C-4 district permits commercial uses that enhance the quality of life of surroundin…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Dunn, NCHighway Commercial District (C-3) The C-3 district permits uses that depend on both a large flow of traffic and convenient access, such as along major, collector, and sub-collector streets as designated by the City’s thoroughfare plan. Neighborhood Business District (C-4) The C-4 district permits commercial uses that enhance the quality of life of surrounding residential neighborhoods. Though these commercial uses’ service areas may extend more broadly than the surrounding neighborhood, the traffic and noise generated will be limited. Office & Institutional District (O&I) The O & I district permits medium-intensity office and institutional land use and functions as a buffer between districts which may conflict with one another. Generally, these areas have water and sewer mains that either exist at the site or are to be made available during the development process. Vehicular access must consist of direct ingress and egress to a public road classified as
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
