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    823 13Th St Erwin, NC 28339

    Sponsored
    For Sale
    $450,000

    1.33-acre flex space, great location.

    Property size:
    4,450 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,450 square foot flex space, located at 823 S 13th Street in Erwin, North Carolina, presents a compelling investment opportunity. Situated on a 1.33-acre lot, this property boasts approximately 270 feet of road frontage along Highway 217/82/S. 13th Street and an additional 203 feet of frontage along Iris Bryant Road. The property comprises four parcels, all zoned B2, and includes three vacant lots and a commercial building previously used as a service station with four bays. The building, constructed in 1945, features a block construction and slab foundation. The 12 parking spaces offer ample room for customers and employees. Utilities include electricity, sewer, telephone, and water. This versatile property is ideal for a variety of businesses, offering the potential for renovation or redevelopment. The asking price is $450,000, with financing options including cash and conventional loans. This prime location in the heart of Erwin provides excellent visibility and accessibility, making it an attractive proposition for entrepreneurs and investors alike.

    Property Features for 823 13Th St

    General Information

    Property type
    Flex space
    Square Feet
    4,450 SF
    Lot Size
    57,935 SF

    Building Details

    Year Built
    1945

    HighLights

    • Solid block construction.
    • Slab foundation.
    • Includes building(s) and land.
    • Suitable for bus/flex, other, and retail uses.
    • Not a short sale.
    • Cash and conventional financing accepted.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Erwin
    County
    Harnett
    State
    North Carolina
    Longitude
    -78.6794289
    Latitude
    35.318015

    Nearby Comparable

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    Nearby Similar for Sale

    • $465,000
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      Retail Business with Adjoining Apartment

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      5-Acre Lot, B1 Zoning, High Potential
      Erwin, NC 28339
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    • $60,000
      0.61 Acres

      Erwin Commercial Land Opportunity

      0.61-acre lot, $60,000 - ideal for development
      Denim Dr, Erwin, NC 28339
      View Details
    • $50,000
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      Erwin Commercial Lot - Prime Location

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    FAQs

    What type of property is this?
    Flex space - 1.33-acre flex space, great location.
    Where is this flex space located?
    The property is located at 823 13Th St Erwin, NC.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Solid block construction.; Slab foundation.; Includes building(s) and land.
    Request Owner's contact information
    823 13Th St Erwin, NC 28339
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    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
    823 13Th St Erwin, NC 28339
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