Storefront with Rear
New
For Sale
$280,000
804 S Clinton Ave, Dunn, NC 28334
An open interior can be configured to suit a commercial operation.
Property Size1,995 SF
Price / SF$140.35
Days on Market2
Property Features for 804 S Clinton Ave
General Information
Standard status
Active
Size
1,995 SF
Property subtype
Business Opportunity
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
Storage area
Building Details
Year Built
1950
Buildings
1
Listing Agency:
RE/MAX Signature Realty
Listed By:
Jessica Anderson · License #279307
(910) 658-3153
Source:
Tcrnc
Added: Oct 4
Last Checked: Oct 4 at 2:03PM
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 RE/MAX Signature Realty
Investment Insights
Based on property information with market context.
This 1,995-square-foot storefront at 804 S Clinton Ave features an open interior and a storage area at the rear. Built in 1950, the building offers space that can be updated to fit a business layout.
The property sits on Hwy 301 within Dunn city limits. Its lot provides room for parking.
The property sits on Hwy 301 within Dunn city limits. Its lot provides room for parking.
Key Highlights
- 1,995‑square‑foot storefront
- Open interior layout available for upfitting
- Rear storage area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,672
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$353,440
$353.4K
Cap Rate 7%
$252,457
$252.5K
Cap Rate 9%
$196,356
$196.4K
Market Conditions
NOI Build-Up for 1,995 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$27.5K $13.80/SF
− Vacancy
−$2.3K −$1.15/SF
EGI
$25.2K $12.65/SF
− OpEx
−$7.6K −$3.80/SF
NOI
$17.7K $8.86/SF
Area
Harnett County, NC
Vacancy
8.30%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$353,440
Cap Rate 7%
$252,457
Cap Rate 9%
$196,356
Alternative Uses
Best Use
Retail
$252.5K
$220.9K – $294.5K
NOI $17,672 @ 7.0% cap · market cap 6.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$434.3K
$380.0K – $506.7K
NOI $30,400 @ 7.0% cap · market cap 10.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
631
Businesses Nearby
13k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 87%
Dining 13%
Valero Energy
Shops & Services
3,436 visits/mo
0.5 miles
O'Reilly Auto Parts
Shops & Services
3,385 visits/mo
0.4 miles
Citgo
Shops & Services
2,415 visits/mo
0.1 miles
Domino's Pizza
Dining
1,664 visits/mo
0.1 miles
Enterprise Rent-A-Car
Shops & Services
1,225 visits/mo
0.4 miles
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 Retail in South region
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Similar Off Market Nearby
- Amazing Roses by Grace Floral Boutique & Outreach Ministry — 404 E Broad St, Dunn, NC 28334
- Flowers by Riverside — 103 S Clinton Ave, Dunn, NC 28334
- Jeffrey's Florist — 121 E Broad St, Dunn, NC 28334
- Always in Bloom Florist — 110 N Orange Ave, Dunn, NC 28334
Frequently Asked Questions
What type of property is this?
Storefront property - An open interior can be configured to suit a commercial operation.
Where is this storefront property located?
The property is located at 804 S Clinton Ave Dunn, NC.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 1,995‑square‑foot storefront; Open interior layout available for upfitting; Rear storage area
