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    OFF-MARKET
    Land

    0 Erwin Rd, Dunn, NC 28334

    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.19-acre commercial land parcel in Dunn, North Carolina, presents a compelling investment opportunity. Located on Erwin Road, the property boasts significant road frontage, ideal for businesses seeking high visibility. Currently zoned Highway Business, it offers immediate potential for various commercial ventures. The asking price is $45,000, translating to approximately $42,016.80 per acre. While the majority of the land lies within a 500-year floodplain, a smaller portion falls within the 100-year floodplain. This should be carefully considered during any development plans. Importantly, water and sewer services are readily available, simplifying infrastructure needs. Furthermore, the property's zoning presents the possibility of rezoning to R-6, opening avenues for residential development. This dual-use potential significantly enhances its investment appeal, making it suitable for both commercial enterprises and residential projects. The property's location in Harnett County, with a zip code of 28334, offers easy access to local amenities and transportation routes. This versatile land parcel is ready for its next chapter, offering a unique blend of commercial and potential residential development opportunities.

    Property profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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