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Property profile & analytics
OFF-MARKET
Mixed-use properties

421 Cedar Grv School Rd. & Us Hwy Lillington, NC 27546

1.51 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.51-acre commercial property is ideally situated at the intersection of Cedar Grove School Road and US Highway 421 in Lillington, North Carolina, zip code 27546. Currently zoned for single-family residential use, this corner parcel offers significant development potential given its prime location. Highway 421 boasts high traffic volume, with 18,000 vehicles passing daily, ensuring excellent visibility and accessibility for any commercial venture. The property benefits from its proximity to a planned mixed-use development across Highway 421, encompassing retail space, office space, and 2,250 residential units. This burgeoning community will significantly increase foot traffic and consumer demand in the area. Furthermore, Campbell University, with its approximately 6,000 students, is less than two miles away, providing a substantial potential customer base. Existing nearby retailers include McDonald's, Bojangles, Food Lion, and a Chevrolet dealership, indicating a strong existing commercial presence. This location presents a unique opportunity for investors and developers seeking a high-visibility site with substantial growth potential in a rapidly developing area of Harnett County. The asking price for this strategically located parcel is $450,000.

Property profile
Verified
Property type Mixed-use properties
Lot 1.51 ac (65,776 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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