Property profile

619 Shannon Rd Red Springs, NC 28377

OFF-MARKET
Land
Property ID
US53-3333326
264 ac lot
Individually Owned
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 264-acre tract in Robeson County, North Carolina, presents a unique development opportunity. Located at 619 Shannon Rd, Red Springs, NC 28377, this property boasts over two miles of combined frontage along Highways 211 and 71, as well as Johnson Road, providing excellent visibility and accessibility. The land, which has been in the same family for generations, serves as the northern gateway to Red Springs. Its strategic location neighbors a light industrial site and includes railroad frontage, offering diverse development potential. Recently rezoned for high-density residential with commercial road frontage, this versatile property allows for a variety of uses. The site features approximately 70 acres of upland timber, 50 acres of wetlands acting as a buffer to Red Springs, and 130 acres currently used for seasonal agricultural production. Convenient access to water, sewer, and gas lines is already in place. The property, identified by APN 934973704081, is being offered at $870,000 and will not be subdivided. This is an unparalleled chance to acquire a substantial parcel with significant commercial and residential possibilities in a rapidly growing area.

Property profile

Verified
Property type Land
Lot 264 ac (11,499,840 SF)
UPID US53-3333326

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

619 Shannon Rd Red Springs, NC 28377
Red Springs metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2026
3 recorded transactions
2026
$145,000
2025
$50,000
2024
$818,500

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 619 Shannon Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message