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    407 Front St Lillington, NC 27546

    For Sale
    $475,000

    Prime Downtown Location, 3,240 SF

    Property size:
    3,240 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a fully occupied, 3,240 square foot medical office building located at 407 W Front St in Lillington, North Carolina. The property, priced at $475,000 ($146.60/sq ft), boasts a 100% occupancy rate under a gross lease with a single tenant. Built in 1946, the property consists of two single-story buildings situated on a corner lot offering excellent visibility along a main downtown corridor. This prime location provides easy access to town water and sewer services. The sale includes three parcels sold together "as is." The property benefits from its proximity to numerous amenities, including a new town park directly across the street, the Cape Fear River, Raven Rock State Park, Campbell University, Keith Hills Golf Course & Aquatic Center, and the downtown Lillington restaurants and shops. This is a rare chance to acquire a thriving medical office building in a desirable and growing downtown area. The property is zoned for medical office use.

    Property Features for 407 Front St

    General Information

    Property type
    Medical offices
    Square Feet
    3,240 SF

    Building Details

    Year Built
    1946
    Buildings
    2
    Stories
    1

    HighLights

    • Prime Downtown Location
    • High‑traffic area with excellent visibility
    • Modern, efficient floor plan with abundant natural light
    • Recently renovated with high‑end finishes
    • Competitive lease rates and flexible terms
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lillington
    County
    Harnett
    State
    North Carolina
    Longitude
    -78.8220494
    Latitude
    35.3999765

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    FAQs

    What type of property is this?
    Medical office - Prime Downtown Location, 3,240 SF
    Where is this medical office located?
    The property is located at 407 Front St Lillington, NC.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Prime Downtown Location; High-traffic area with excellent visibility; Modern, efficient floor plan with abundant natural light
    Request Owner's contact information
    407 Front St Lillington, NC 27546
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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
    407 Front St Lillington, NC 27546
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