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    OFF-MARKET
    Land

    0 Us Highway 421, Erwin, NC 28339

    32.8 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 32.8-acre parcel presents a remarkable development opportunity in Erwin, North Carolina. Located on US Highway 421 South, this property boasts high traffic counts and excellent visibility, making it ideal for a variety of commercial and residential projects. The land is zoned RD, offering flexibility for diverse development plans. Its strategic location provides convenient access to several key areas, including Lillington, Raleigh, Fayetteville, Fort Liberty, and Campbell University. The property's prominent position along a major highway ensures significant exposure to a large potential customer base. The expansive acreage allows for substantial development potential, catering to a wide range of project scales and designs. With its prime location, high visibility, and versatile zoning, this property represents a rare and valuable investment opportunity in a rapidly growing region of North Carolina. The property's APN is 0597-49-9349.000. The asking price for this significant land holding is $995,000. This is a truly exceptional opportunity to capitalize on the area's growth and create a successful development project.

    Property profile
    Verified
    Property type Land
    Lot 32.8 ac (1,428,768 SF)
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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