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    OFF-MARKET
    Land

    0 Fairfield Forest Rd, Denver, NC 28037

    5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5-acre commercial land parcel, situated in Westport, North Carolina, presents a remarkable investment opportunity. Conveniently located off NC Business 16 on Fairfield Forest Road, this property boasts a prime location across from existing commercial developments and backing onto the Westport development. The land is currently divided into five approximately one-acre lots, each with completed infrastructure, making it ideal for immediate construction. Infrastructure includes an entrance monument, two separate entrance drives, curb and gutter, and a total of 115 parking spaces (including handicap-accessible spaces). Lincoln County water and sewer services are readily available on-site. Fairfield Forest Road is maintained by the North Carolina Department of Transportation (NCDOT). The property's APN numbers are 85594, 85593, 85592, 85591, and 85590. The asking price for all five parcels is $1,725,000; however, individual purchase options are available at $345,000 per parcel. Owner financing is a possibility, and the owner is open to build-to-suit options with an acceptable contract. This property's strategic location and complete infrastructure make it an exceptional opportunity for commercial development. Zoned PD-MU CU.

    Property profile
    Verified
    Property type Land
    Lot 5 ac (217,800 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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