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Richlands Commercial and Residential Land
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672 E Hargett St, Richlands, NC 28574

Large acreage with commercial and residential zoning in growing Richlands.

Property SizeContact for details
Lot Size48.75 Acres
Days on Market907

Property Features for 672 E Hargett St

General Information

Standard status Active
Lot size 48.75 Acres
Property subtype Land
Zoning R-20 / C-3
Listing Agency: Noble Commercial Real Estate Group
Listed By: Nicholas Silivanch · License #263168
Source: Crexi
Added: Feb 26, 2024 Changed: Aug 14 Last Checked: Aug 14 at 5:59AM

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 Noble Commercial Real Estate Group

Investment Insights

Based on property information with market context.

Located in Richlands, North Carolina, this property is situated on both the north and south sides of Gumbranch Road. Currently used as farmland, the property is zoned for commercial and residential use. It features approximately 2800 feet of frontage along Gumbranch Road. The property includes approximately 48.75 acres of Commercial C3 zoned land, 39.54 acres of R20 zoned land, and 1.57 acres of R6 Zoned land. Of the four parcels, one tract is currently under contract. The remaining three parcels comprise approximately 90 contiguous acres available for sale. The seller is open to a ground lease with select users or selling the entire property to the right developer, with smaller acreage offerings also available. Richlands is experiencing an 81% growth rate. The median annual income for Richlands has grown 16.4% to $53,171 as of 2022. Gumbranch Road provides access to Jacksonville and Highway 24. The land is also near Highway 111 and Albert J. Ellis Airport. The area is experiencing growth and development along Gumbranch Road and Richlands Highway. There are approximately 2,000 new homes planned within a 6-mile radius of Richlands, with residential development expected to continue. Given its location and zoning, the property presents opportunities for new grocery options, entertainment venues, retail offerings, and medical services to support the growing local population.

Key Highlights

  • Largest amount of Commercial (C3) zoned land available in Richlands.
  • 90+\/- contiguous acres available for sale.
  • Located in Richlands, NC, a town with an 81% growth rate and increasing median income.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Pharmacy Bakery Cafe & Coffee Shop Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

252
Businesses Nearby

Demographics for 28574, NC

18,689
Population
8,055
Households
2.3
Avg Household Size
32
Median Age
20%
College-Educated
94%
High-School Grad
124.0 sq mi
ZIP Area
151
Density / Sq Mi
$66,555
Median Household Income
$38,605
Median Earnings
$1,123
Median Rent
$204,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Large acreage with commercial and residential zoning in growing Richlands.
Where is this commercial land located?
The property is located at 672 E Hargett St Richlands, NC.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Largest amount of Commercial (C3) zoned land available in Richlands.; 90+\/- contiguous acres available for sale.; Located in Richlands, NC, a town with an 81% growth rate and increasing median income.
(910) 619-3430 Call to check price and availability
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