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    Property profile & analytics

    1409 Erwin Rd Dunn, NC 28334-4418

    • Grocery and convenience stores
    • 3,450 SF
    • 4.00 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Last Sale
    Jul 27, 2022
    $325,000
    Location Intelligence
    Property ID
    US53-1794674
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Phill's Quick Stop & Authentic Mexican Food / Mexican Restaurant / Vaporizer Store
    • PURE / Gas Station

    Property Details for 1409 Erwin Rd

    Year built
    1990
    Construction
    WOOD
    Lot size
    4.00 lot acres
    Property size
    3,450 SF
    Zone code
    C-3
    Property type
    Grocery and convenience stores
    APN
    021506 0174
    APU
    215060174

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $295,000
      6.5%
      $330,000
      7%
      $330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $330,000
      Geo Method
      $285,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $265,000
      Retail
      $360,000
      Mixed-Use
      $325,000
      Hospitality
      $295,000
      Educational
      $325,000
      Residential Income
      $330,000
      Energy
      $365,000
      Income-Based Land
      $335,000
      Food Service
      $320,000

    Location Insight

    • Map
    • Local Demand
    City
    Dunn
    County
    Harnett
    State
    North Carolina
    Longitude
    -78.6392
    Latitude
    35.3136
    CBSA code
    22180
    CBSA name
    FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,376
    $0.00
    $0.00
    $328,375
    -
    $25,900
    $302,475
    $328,375

    Comparable in this City

    • Value Estimation by Request
      4,608 SF

      3948 Hodges Chapel Rd

      CONVENIENCE STORE • 4,608 SF
      3948 Hodges Chapel Rd, Dunn, NC 28334-8681
      View Details
    • Value Estimation by Request
      2,400 SF

      400 Erwin Rd

      CONVENIENCE STORE • 2,400 SF
      400 Erwin Rd, Dunn, NC 28334-4516
      View Details
    • Value Estimation by Request
      12,007 SF

      65 Sadler Rd

      CONVENIENCE STORE • 12,007 SF
      65 Sadler Rd, Dunn, NC 28334-5180
      View Details
    • Value Estimation by Request
      3,859 SF

      503 Spg Br Rd

      CONVENIENCE STORE • 3,859 SF
      503 Spg Br Rd, Dunn, NC 28334
      View Details
    • Value Estimation by Request
      1,860 SF

      1923 Cumberland St

      CONVENIENCE STORE • 1,860 SF
      1923 Cumberland St, Dunn, NC 28334-4513
      View Details
    • Value Estimation by Request
      1,681 SF

      415 Spg Br Rd

      CONVENIENCE STORE • 1,681 SF
      415 Spg Br Rd, Dunn, NC 28334-6119
      View Details

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      Versatile Commercial Building on Corner Lot

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    Similar Nearby for Lease

    • $6,000 /Mo
      14,000 SF

      Retail Space in Established Center

      14,000 SF space in busy retail center on US Hwy 421.
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    • Contact for pricing
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      Newly built retail space, high visibility.
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    • $7,650 /Mo
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      Warehouse with Expansive Outdoor Storage

      5,000 SF warehouse on nearly 6 acres for lease.
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    1409 Erwin Rd
    Dunn, NC 28334-4418
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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