5798 U.S. Highway 301 South, Four Oaks, NC, 27524

5798 U.S. Highway 301 South Four Oaks, NC 27524

5798 U.S. Highway 301 South, Four Oaks, NC, 27524
5798 U.S. Highway 301 South, Four Oaks, NC, 27524 5798 U.S. Highway 301 South, Four Oaks, NC, 27524
FOR SALE
Property Type:
Other Land
Amount:
$344,900
Last Verified:
Jul 26, 2024

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Highlights

  • Zoned B-2H for versatile commercial use
  • Prime location on U.S. Highway 301 South
  • High visibility with easy access
  • 1.6 acre lot
  • Railroad runs along the back of the property
  • Seller is a NC licensed RE broker

Description

This 1.6-acre redevelopment lot in Four Oaks, NC presents an exceptional opportunity for a variety of commercial ventures. With a 2-bedroom, 1-bath house on-site, road frontage along US Highway 301, and B-2H zoning, this property boasts significant development potential. Existing amenities such as a well and septic, coupled with the option to connect to county water, enhance its suitability for a range of redevelopment projects. Don't miss out on this strategically located investment in Johnston County, whether you choose to repurpose the existing building or embark on a full redevelopment. Property partially floods during heavy rain due to a large culvert flowing into a smaller culvert. Currently working with the Town and NCDOT to correct this issue.

Get on I-95 S from Venture Dr and Outlet Center Dr, Head south toward Venture Dr, Turn left toward Venture Dr, Turn right onto Venture Dr, Turn right onto Outlet Center Dr, At the traffic circle, take the 1st exit and stay on Outlet Center Dr, Pass by Cicis Pizza (on the left), Use the left lane to turn left onto US-70 BUS E, Pass by Burger King (on the right), Turn right to merge onto I-95 S, Follow I-95 S. Take exit 90 from I-95 S, Merge onto I-95 S, Take exit 90 for US-301/US-701 toward NC-96/Bentonville/Civil War Battleground/Newton Grove, Drive to US-301 S, Turn left toward US-301 S, Turn left onto US-301 S.
Destination will be on the right

Lot Size: 1.6 acres


Documents

5798 US HWY 301- Sale Flyer

Map of 5798 U.S. Highway 301 South, Four Oaks, NC, 27524

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.