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Land with Metal Storage Building
For Sale
$229,000

844 Sweet Raspberry Lane, Lillington, NC 27546

LAND - Lillington, NC

Property Size1,500 SF
Lot Size17.44 Acres
Price / SF$152.67
Days on Market8

Property Features for 844 Sweet Raspberry Lane

General Information

Property type Land
Property subtype Other
Zoning RA-30
Subdivision Not In Subdivision
Lot features Wooded
Elementary school Boone Trail Elementary School
Middle school Western Harnett Middle School
High school Western Harnett High School
Directions From Spring Hill Church Road, turn onto Moores Chapel Road, then turn onto Sweet Raspberry Lane. See photo with red line showing access route. Call listing agent if needed.
Standard status Active
APN 130518 0122 03
Lot size 17.44 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LT #3 David A Gillette Map @2008-187
Tax Annual Amount 685
Legal Description LT #3 David A Gillette Map @2008-187
Listing Agency: TNT Properties, LLC
Listed By: Misty Desiree Hatley · License #347364
Added: Jul 26 Last Checked: Aug 2 at 4:06AM
MLS# 100591680

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 17.44-acre wooded property includes an approved perc test and deeded access. A 30' x 50' metal building constructed in 2008 is on-site, featuring a gravel floor and a 12-foot-high sliding door on one end for storage of tall equipment.

As noted in the listing materials, the deeded access has recently been cut and is shown in the photos. The cut trail ends at the property line, and reaching the metal building from there requires continuing through wooded brush by following the provided map and ribbon markers.

Zoned RA-30, the property offers a privacy-focused setting for buyers considering either a future homesite or outdoor/utility storage needs. Visits should be scheduled in advance, and appropriate outdoor clothing and caution are recommended while walking the land.

Key Highlights

  • Approved perc test for a future homesite or other permitted use
  • 30' x 50' metal building built in 2008 with a gravel floor
  • 12‑foot‑high sliding door on one end for storing tall equipment

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $12.2k $8.16
− Vacancy −$588 −$0.39
EGI $11.7k $7.77
− OpEx −$1.7k −$1.17
NOI $9.9k $6.60
1,500 SF · lease $8.16/SF/yr · vacancy 4.80% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$141.5K
$123.8K – $165.1K (±1% cap)
NOI $9,905 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$326.5K
$285.7K – $381.0K (±1% cap)
NOI $22,857 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential land & home ...

Lease Details

1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 27546, NC

20,637
Population
7,933
Households
2.6
Avg Household Size
37
Median Age
26%
College-Educated
89%
High-School Grad
122.5 sq mi
ZIP Area
168
Density / Sq Mi
$61,781
Median Household Income
$39,914
Median Earnings
$1,079
Median Rent
$227,000
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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 - Wooded property with an approved perc test and a 30' x 50' metal building featuring a gravel floor and 12' sliding door.
Where is this residential land & home lot located?
The property is located at 844 Sweet Raspberry Lane Lillington, NC.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Approved perc test for a future homesite or other permitted use; 30' x 50' metal building built in 2008 with a gravel floor; 12‑foot‑high sliding door on one end for storing tall equipment
More about this property
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