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Property profile & analytics
OFF-MARKET
Land

2004 Un Beltway Rd Lake Park, NC 28079

2.42 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.42-acre commercial land parcel presents a remarkable development opportunity. Strategically located at 2004 Union Beltway Road in Lake Park, North Carolina, this property boasts convenient access to Highway 74, offering excellent visibility and accessibility. The lot is zoned C-74 (Commercial Route 74), allowing for a variety of commercial uses. Utilities are readily available, simplifying the development process. Previously occupied by a home that has since been demolished, the site is partially cleared, reducing initial site preparation costs. The asking price is $950,000, translating to a land value of $14.23 per square foot. Situated in Union County, North Carolina, with a zip code of 28079, this property offers a compelling investment prospect for developers seeking a prime location with significant potential for growth. The property's proximity to Interstate 485 further enhances its strategic value, providing easy access to a wider regional market. This is a rare opportunity to acquire a well-positioned commercial lot ready for immediate development. Detailed zoning information and utility specifications are available upon request.

Property profile
Verified
Property type Land
Lot 2.42 ac (105,415 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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