672 E Hargett St Richlands, NC 28574
- Commercial real estate
- 1.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 672 E Hargett St
- Lot size
- 1.50 lot acres
- Property type
- Commercial real estate
Description
This exceptional property, located at 672 E Hargett St, Richlands, NC 28574, offers a unique investment opportunity encompassing up to 156+/- acres of land suitable for diverse commercial, industrial, and residential uses. The property boasts a prime location along Gumbranch Road, providing over half a mile of road frontage (2793 linear feet). Zoning includes C-3 commercial, R-20 residential, and R-6 residential designations, allowing for a variety of development options. The site currently functions as farmland, presenting a blank canvas for future projects. The substantial acreage, coupled with Richlands' impressive 81% growth rate and proximity to Jacksonville, NC (home to Camp Lejeune), makes this a highly attractive investment. Richlands' strong economic indicators, including a median household income exceeding $53,000 in 2022, further underscore the potential for significant returns. The property's strategic location offers easy access to major roadways, including Highway 24 and Highway 111, as well as Albert J. Ellis Airport. Smaller acreage parcels are also available. The seller is open to considering ground leases with qualified users or a sale of the entire property to a suitable developer. This presents a rare chance to capitalize on the burgeoning growth of Richlands and its surrounding areas, fueled by an influx of new residential development and the expanding needs of a growing population. The property's versatility and location make it ideal for a wide range of development projects, from retail and commercial ventures to residential communities.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Richlands
- County
- Onslow
- State
- North Carolina
- Longitude
- -77.5379001
- Latitude
- 34.8959992