0 Erwin Rd, Dunn, NC 28334
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.