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    Us Highway 421 Erwin, NC 28339

    Sponsored
    For Sale
    $995,000

    32.8 Acres, Prime Location, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 32.8-acre parcel presents a remarkable development opportunity in Erwin, North Carolina. Located on US Highway 421 South, this property boasts high traffic counts and excellent visibility, making it ideal for a variety of commercial and residential projects. The land is zoned RD, offering flexibility for diverse development plans. Its strategic location provides convenient access to several key areas, including Lillington, Raleigh, Fayetteville, Fort Liberty, and Campbell University. The property's prominent position along a major highway ensures significant exposure to a large potential customer base. The expansive acreage allows for substantial development potential, catering to a wide range of project scales and designs. With its prime location, high visibility, and versatile zoning, this property represents a rare and valuable investment opportunity in a rapidly growing region of North Carolina. The property's APN is 0597-49-9349.000. The asking price for this significant land holding is $995,000. This is a truly exceptional opportunity to capitalize on the area's growth and create a successful development project.

    Property Features for 0 Us Highway 421

    General Information

    Property type
    Land
    Lot Size
    1,428,768 SF

    HighLights

    • Excellent location with easy access to Lillington, Raleigh, Fayetteville, Fort Liberty, and Campbell University.
    • High traffic counts.
    • High visibility from the street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Erwin
    County
    Harnett
    State
    North Carolina
    Longitude
    -78.7063076
    Latitude
    35.3691741

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    FAQs

    What type of property is this?
    Land - 32.8 Acres, Prime Location, High Visibility
    Where is this land located?
    The property is located at Us Highway 421 Erwin, NC.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: Excellent location with easy access to Lillington, Raleigh, Fayetteville, Fort Liberty, and Campbell University.; High traffic counts.; High visibility from the street.
    Request Owner's contact information
    Us Highway 421 Erwin, NC 28339
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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
    Us Highway 421 Erwin, NC 28339
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