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Prime Development Opportunity on Hwy 24
For Sale
$700,000

406 Cedar Point Blvd, Cedar Point, NC 28584

One-acre commercial land with high visibility and accessibility.

Property SizeContact for details
Lot Size1.00 Acre
Days on Market195

Property Features for 406 Cedar Point Blvd

General Information

Standard status Active
Lot size 1.00 Acre
Property subtype Land
Listing Agency: SVN | Efird Commercial Real Estate
Listed By: Win Edwards · License #NC #243984
Source: Svnefird
Added: Jan 27 Changed: Jul 10 Last Checked: Aug 9 at 4:55AM

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 SVN | Efird Commercial Real Estate

Investment Insights

Based on property information with market context.

Located at 406 Cedar Point Blvd, this one-acre property offers a development opportunity with access from both Hwy 24 and Ash Street. Zoned B1 - General Business District, the site is suitable for retail and land development. The location benefits from a daily traffic count of 29,331 vehicles. The property features 278 feet of road frontage on NC Hwy 24 and 203 feet of road frontage on Ash Street. Situated along North Carolina’s Crystal Coast, Cedar Point provides access to the Intracoastal Waterway and the Crystal Coast beaches. The area is known for tourism, boating, and year-round outdoor recreation. The property is located in Flood Zone AE 11 - Coastal A. Ground lease is available.

Key Highlights

  • High Traffic Location: 29,331 vehicles per day (VPD) ensures exceptional visibility.
  • Dual Road Frontage: Access from both Hwy 24 (278 ft) and Ash Street (203 ft).
  • Zoned B1 General Business District: Suited for retail and land development with potential for multifamily rezoning.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Electrical Service Auto Parts Store Grocery & Convenience Store Catering Service Cafe & Coffee Shop

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

261
Businesses Nearby

Demographics for 28584, NC

13,584
Population
7,550
Households
1.8
Avg Household Size
46
Median Age
32%
College-Educated
94%
High-School Grad
33.9 sq mi
ZIP Area
401
Density / Sq Mi
$81,574
Median Household Income
$48,944
Median Earnings
$1,300
Median Rent
$308,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - One-acre commercial land with high visibility and accessibility.
Where is this commercial land located?
The property is located at 406 Cedar Point Blvd Cedar Point, NC.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: High Traffic Location: 29,331 vehicles per day (VPD) ensures exceptional visibility.; Dual Road Frontage: Access from both Hwy 24 (278 ft) and Ash Street (203 ft).; Zoned B1 General Business District: Suited for retail and land development with potential for multifamily rezoning.
More about this property
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