Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Land on Sunset Avenue Title is generated by Realmo AI

    1239 -1241 Sunset Avenue, Clinton, NC 28328

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $395,000

    1.94-acre commercial property on high-traffic Sunset Avenue.

    Type:Commercial/Industrial
    Lot size:
    1.94 Acres
    Added:
    Mar 24, 2026
    Days on Market:
    60
    Last Refresh:
    Apr 5 at 8:38 pm

    Property Features for 1239 -1241 Sunset Avenue

    General Information

    Standard status
    Active
    Lot size
    1.94 Acres
    Property subtype
    Commercial/Industrial

    We can help!

    Listing Contact
    Ed Carr

    Listing agent Ed Carr License #130763

    Listing office Carr Real Estate Company

    Listing date Mar 24, 2026

    Source Exitrealty

    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 Carr Real Estate Company

    HighLights

    • High traffic location on Sunset Avenue in Clinton, NC
    • Highway commercial property
    • 193 +- feet of frontage on HWY 24 Sunset Avenue
    • 1.94 +- acres total land area
    • Two parcels combined
    • Dimensions approximately 193' x 440' (less a 10' ROW easement)

    Overview

    This commercial property is available for sale and is located on Sunset Avenue in Clinton, NC. The property consists of approximately 1.94 acres, equivalent to about 84920 square feet. It features approximately 193 feet of frontage on HWY 24 Sunset Avenue, with a depth of 440 feet. Note that the frontage calculation of 193 feet is derived from 203 feet less a 10-foot wide ROW easement. The site is positioned in a high-traffic area of Clinton, NC. The tract is composed of two parcels combined.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clinton
    County
    Sampson
    State
    North Carolina
    Longitude
    -78.347276
    Latitude
    34.991237

    Nearby Similar for Sale

    • $399,900

      80 Acres Wooded Land, Ponds

      80 acres of wooded land with catfish ponds near Clinton.
      Big Piney Grove Road, Clinton, NC 28328
      View Details
    • $55,000

      Secluded Clinton Acreage Homesite Potential

      5.35-acre vacant lot in a peaceful rural setting.
      W Darden Road, Clinton, NC 28328
      View Details
    • $3,000
      5,594 SF

      Office Space for Sub-Lease

      5594 sqft office space with multiple offices and parking.
      709 1/2 Southwest Boulevard, Clinton, NC 28328
      View Details
    • $89,000

      Commercial Land in Clinton, NC

      Cleared, level commercial lot in high-visibility Clinton location.
      Peavine N Road, Clinton, NC 28328
      View Details
    • $92,000
      1,536 SF

      Duplex in Clinton, NC

      Two-unit property near downtown Clinton, ideal for renovation.
      512 Nicholson Street, Clinton, NC 28328
      View Details
    • $39,900

      Waterfront Lot on Crumpler Lake

      0.52-acre lot with 126 feet of lakefront footage.
      6 Crumpler Lake Lane lot: 6, Clinton, NC 28328
      View Details
    • $240,000
      1,833 SF

      Restaurant Building Near Downtown Clinton

      Restaurant building for sale near downtown Clinton business district.
      421 W Elizabeth Street, Clinton, NC 28328
      View Details
    • $115,000

      Secluded Wooded Acreage in Clinton, NC

      26.7 acres of secluded wooded land in Sampson County.
      Renfrow Road, Clinton, NC 28328
      View Details
    • $1,485,000
      67,500 SF

      Industrial Warehouse on 4.52 Acres

      67,500 SF warehouse on 4.52 acres near downtown Clinton, NC.
      395 Pugh Road, Clinton, NC 28328
      View Details
    • $169,900
      896 SF

      Commercial Property on US HWY 701

      Commercial property with excellent road frontage on US HWY 701.
      804 Southeast Boulevard, Clinton, NC 28328
      View Details
    • $18,900

      Vacant Lot in Clinton, NC

      Vacant lot near shopping, recreation, and schools.
      Pugh Road lot: 1, Clinton, NC 28328
      View Details
    • $91,000

      Versatile Land in Clinton, NC

      13.41 acres suitable for residential or agricultural use.
      Shipp Road, Clinton, NC 28328
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.94-acre commercial property on high-traffic Sunset Avenue.
    Where is this commercial land located?
    The property is located at 1239 -1241 Sunset Avenue Clinton, NC.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: High traffic location on Sunset Avenue in Clinton, NC; Highway commercial property; 193 +- feet of frontage on HWY 24 Sunset Avenue
    (910) 592-4232
    We can help!
    Listing Contact
    Ed Carr
    Real Estate License ID: 130763
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1239 -1241 Sunset Avenue, Clinton, NC 28328
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!