1 Erwin Rd Dunn, NC 28339
- Commercial real estate
- 1.19 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1 Erwin Rd
- Lot size
- 1.19 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.19-acre commercial parcel presents a unique investment opportunity in Dunn, North Carolina. Located at 1 Erwin Road, this unimproved land boasts significant potential for various development projects. The property offers approximately 312 feet of road frontage, providing excellent visibility and accessibility. While currently zoned for commercial use, there's a possibility of rezoning for residential purposes, expanding the range of development options. This flexibility makes it an attractive proposition for investors seeking diverse development possibilities. The substantial acreage allows for ample space to accommodate a variety of projects, from small-scale commercial ventures to larger-scale residential developments. However, prospective buyers should be aware that the property is situated within a designated floodplain. This crucial factor needs to be considered during the planning and development phases, requiring adherence to relevant floodplain regulations and potentially impacting construction costs and design. Detailed site surveys and environmental assessments are recommended to fully understand the implications of the floodplain designation and to explore all potential development options. This property is priced competitively at $35,000, representing a compelling entry point into the Dunn real estate market. Serious inquiries are encouraged to explore the full potential of this promising land parcel.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dunn
- County
- Harnett
- State
- North Carolina
- Longitude
- -78.6251
- Latitude
- 35.3155