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Entitled Townhome Development Land
For Sale
$799,000

113 Allendale Road, Four Oaks, NC 27524

6.63-acre tract with full entitlement for a 23-townhome community near I-95 exit 87.

Property SizeContact for details
Lot Size6.63 Acres
Days on Market32

Property Features for 113 Allendale Road

General Information

Standard status Active
Lot size 6.63 Acres
Property subtype Land / Unimproved Land

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $3,256

Amenities

Electricity Available, Sewer Available, Water Available
No
Listing Agency: Enrich Realty LLC
Listed By: Nicholas Byrd · License #276545
Source: Compass
Added: Jul 9 Changed: Aug 8 Last Checked: Jul 20 at 9:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Enrich Realty LLC

Investment Insights

Based on property information with market context.

This 6.63-acre development tract is positioned just off exit 87 on I-95 and has already obtained full entitlement for a 23-townhome community. The site’s entitlement also presents flexible possibilities for commercial, retail, or mixed-use development, subject to applicable zoning and approvals.

Its access to I-95 provides convenient connectivity to the broader Johnston County and Triangle-area region, including Raleigh, Smithfield, Benson, and Fayetteville.

The property is being offered for sale as development land with an approved townhome plan already in place, while the underlying site may be considered for alternative development directions pending required regulatory approvals.

Key Highlights

  • 6.63‑acre development tract just off I‑95 at exit 87
  • Full entitlement obtained for a 23‑townhome community
  • Development flexibility for commercial, retail, or mixed‑use (subject to zoning and approvals)

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Electrical Service Plumbing Service Storage Facility Grocery & Convenience Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

175
Businesses Nearby

Demographics for 27524, NC

13,258
Population
5,988
Households
2.2
Avg Household Size
40
Median Age
16%
College-Educated
86%
High-School Grad
134.4 sq mi
ZIP Area
99
Density / Sq Mi
$76,141
Median Household Income
$41,997
Median Earnings
$1,011
Median Rent
$210,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 6.63-acre tract with full entitlement for a 23-townhome community near I-95 exit 87.
Where is this residential land & home lot located?
The property is located at 113 Allendale Road Four Oaks, NC.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 6.63‑acre development tract just off I‑95 at exit 87; Full entitlement obtained for a 23‑townhome community; Development flexibility for commercial, retail, or mixed‑use (subject to zoning and approvals)
More about this property
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