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    Barnes Dr Erwin, NC 28339

    For Sale
    $1,350,000

    4.12 Acres, High Traffic Intersection

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 4.12-acre commercial land parcel presents a unique investment opportunity in Erwin, North Carolina. Strategically located at the highly visible, lighted intersection of East Jackson Boulevard and NC Highway 55/82, this property boasts exceptional visibility and accessibility. A 2022 independent traffic study documented a robust average daily traffic count of 19,000 vehicles, underscoring its significant commercial potential. The site features direct access to both East Jackson Boulevard and Barnes Drive, providing convenient ingress and egress for customers and employees. Soil borings are on file, revealing highly favorable soil conditions, simplifying development plans. The property is zoned for Highway Business, allowing for a diverse range of commercial uses, including retail and service businesses. This flexibility makes it an ideal location for a variety of ventures seeking high visibility and convenient access to a substantial daily traffic flow. The asking price is $1,350,000. This prime location and favorable zoning regulations make this an exceptional opportunity for investors seeking a high-return commercial property in a growing area. The property's size and location offer significant potential for development and long-term growth. Don't miss this chance to acquire a highly desirable commercial land parcel in a thriving market.

    Property Features for 0 Barnes Dr

    General Information

    Property type
    Land

    HighLights

    • $1,350,000 asking price.
    • 4.12‑acre commercial land parcel.
    • Located at the lighted intersection of E. Jackson Blvd. and NC Hwy 55/82 in Erwin, NC.
    • Highway Business zoning allows for various retail and service uses.
    • 2022 traffic study shows 19,000 vehicles per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Erwin
    County
    Harnett
    State
    North Carolina
    Longitude
    -78.675893940827
    Latitude
    35.336853464251

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    FAQs

    What type of property is this?
    Land - 4.12 Acres, High Traffic Intersection
    Where is this land located?
    The property is located at Barnes Dr Erwin, NC.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: $1,350,000 asking price.; 4.12-acre commercial land parcel.; Located at the lighted intersection of E. Jackson Blvd. and NC Hwy 55/82 in Erwin, NC.
    Request Owner's contact information
    Barnes Dr 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
    Barnes Dr Erwin, NC 28339
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