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1008 W Cumberland St, Dunn, NC 28334

Commercial space available for rent in Dunn, North Carolina.

Property Size14,000 SF
Price / SF$0.43
Days on Market214

Property Features for 1008 W Cumberland St

General Information

Standard status Active
Size 14,000 SF
Property subtype Business Opportunity

Building Details

Year Built 1960
Listing Agency: Ellis Barbour & Sons, Inc.
Listed By: Wayne Barbour · License #43106
Source: Tcrnc
Added: Mar 16 Changed: Oct 3 Last Checked: Oct 7 at 3:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ellis Barbour & Sons, Inc.

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Investment Insights

Based on property information with market context.

This commercial property, located in Harnett County, offers 14,000 square feet of space suitable for a variety of uses. The property is available for rent and can accommodate warehouses, industrial operations, retail businesses, office units, and other commercial real estate ventures. The location is accessible via GIS directions.

Key Highlights

  • Central air conditioning for year‑round comfort.
  • Central heating to keep you warm in the winter.
  • Located in Harnett County.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$72,465
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,449,300 $1.4M
Cap Rate 7%
$1,035,214 $1.0M
Cap Rate 9%
$805,167 $805.2K
Market Conditions
NOI Build-Up for 14,000 SF
Gross rent
$109.2K $7.80/SF
− Vacancy
−$5.7K −$0.41/SF
EGI
$103.5K $7.39/SF
− OpEx
−$31.1K −$2.22/SF
NOI
$72.5K $5.18/SF
Area
Harnett County, NC
Vacancy
5.20%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,449,300
Cap Rate 7%
$1,035,214
Cap Rate 9%
$805,167

Alternative Uses

Best Use
Office B
$2.18M
$1.91M – $2.54M (±1% cap)
NOI $152,554 @ 7.0% cap · market cap 2,542.57%
Second Best
Retail
$1.77M
$1.55M – $2.07M (±1% cap)
NOI $124,015 @ 7.0% cap · market cap 2,066.92%
Theoretical Best
Office A
$3.05M
$2.67M – $3.56M (±1% cap)
NOI $213,333 @ 7.0% cap · market cap 3,555.55%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Short Stop Food ... Grocery & Convenience Store Exxon Gas Station LibertyX Bitcoin ATM Atm Western Union Bank

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Bakery Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

716
Businesses Nearby
Under-served
Demand for This Use

Demographics for 28334, NC

23,697
Population
10,339
Households
2.3
Avg Household Size
42
Median Age
18%
College-Educated
86%
High-School Grad
160.3 sq mi
ZIP Area
148
Density / Sq Mi
$54,527
Median Household Income
$37,967
Median Earnings
$826
Median Rent
$171,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • McStor Self Storage - Dunn — 512 N Powell Ave, Dunn, NC 28334

Frequently Asked Questions

What type of property is this?
Warehouse - Commercial space available for rent in Dunn, North Carolina.
Where is this warehouse located?
The property is located at 1008 W Cumberland St Dunn, NC.
What are key features of this property?
This property features: Central air conditioning for year‑round comfort.; Central heating to keep you warm in the winter.; Located in Harnett County.
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