Property profile

0 Us Highway 421 Erwin, NC 28339

OFF-MARKET
Land
32.8 ac lot
Saved · see the list in your Dashboard

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

Location

Us Highway 421 Erwin, NC 28339
Erwin metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Us Highway 421?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message