1105 Erwin Rd, Dunn, NC 28334
This exceptional commercial investment opportunity presents two traditional office buildings totaling 1,512 square feet, situated on a combined 0.9-acre lot in Dunn, North Carolina. Located at 1105 Erwin Rd, this property boasts over 300 feet of road frontage and approximately 250 feet of depth, placing it within a thriving medical corridor. Both single-story buildings, constructed in 1959, are currently 100% occupied under a gross lease agreement with multiple tenants. The property features city water and sewer connections, and natural gas service provided by Piedmont Natural Gas. Zoned for office and institutional use within the City of Dunn jurisdiction, this property offers significant potential for growth and return on investment. Dunn, a twice-designated "All America City," enjoys a robust economy and a revitalized downtown area, attracting new residents and businesses. Its convenient location off I-95 provides easy access to Raleigh (30 minutes south), the Crystal Coast (two hours east), and Fort Liberty/Fayetteville (30 minutes north). The asking price for this multi-unit property is $500,000, representing a price per square foot of $330.69. This is a rare opportunity to acquire a well-located, income-producing property in a rapidly growing area. The property's prime location and strong tenant occupancy make it an attractive investment for discerning buyers.
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
Similar Nearby for Lease
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.