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Property profile & analytics
OFF-MARKET
Commercial real estate

1755 Bunnlevel Erwin Rd Bunnlevel, NC 28323

5.78 ac lot
Property ID
US53-0910974
Property summary
AI-generated overview

This exceptional 5.78-acre commercial land parcel presents a unique investment opportunity in Bunnlevel, North Carolina. Located at 1755 Bunnlevel Erwin Rd, Harnett County, zip code 28323 (35.3201902, -78.7554133), this property boasts a desirable RA-20R zoning designation. The land is predominantly wooded and features a pond, adding to its natural appeal. County water and sewer services are readily available, simplifying development plans. Priced at $250,000, this represents a compelling value, especially considering the potential for subdivision and the creation of individual wooded homesites. The property's convenient location, just a short distance from Highway 401, provides easy access to Fayetteville/Fort Liberty, Lillington, Dunn, and other surrounding areas. Note that the sale is contingent upon the seller completing the subdivision of a vacant house situated on approximately 0.78 acres. This house is currently undergoing renovations, including a recently installed new metal roof. The seller may also be willing to sell the house separately, should the buyer be interested. This presents a rare chance to acquire a substantial tract of land with significant development potential in a rapidly growing area.

Property profile
Verified
Property type Commercial real estate
Lot 5.78 ac (251,777 SF)
UPID US53-0910974
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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