421 Cedar Grv School Rd. & Us Hwy Lillington, NC 27546
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.