Building Details

Year Built 1923

Buildings 2

Building Size 3,154 SF

Listing Agency: RE/MAX Signature Realty

Listed By: Gail Adams · License #206708 Show Phone

Source: Tcrnc

Added: Jul 24 Changed: Oct 3 Last Checked: Oct 7 at 4:35PM

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Investment Insights

Based on property information with market context.

This 3,154-square-foot mixed-use property includes a primary commercial building with a flexible interior arrangement, multiple entry points, open work areas, and space for private offices. Hardwood flooring extends throughout the main structure, supporting a range of office or retail configurations. A separate storage building adds dedicated room for inventory, equipment, or supplies.

The property occupies a corner site at 201 S Orange Ave in Dunn, North Carolina, with access along HWY 421. A large paved parking area serves customers, employees, and deliveries. Constructed in 1923, the property combines an established building footprint with adaptable commercial space and supplemental storage.

Key Highlights

• 3,154‑square‑foot mixed‑use commercial building
• Corner property at 201 S Orange Ave, Dunn, NC 28334
• Access along HWY 421

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$27,939

Cap Rate

7.55%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$558,780 $558.8K

Cap Rate 7%

$399,129 $399.1K

Cap Rate 9%

$310,433 $310.4K

Market Conditions

NOI Build-Up for 3,154 SF

Gross rent

$43.5K $13.80/SF

− Vacancy

−$3.6K −$1.15/SF

EGI

$39.9K $12.65/SF

− OpEx

−$12.0K −$3.80/SF

NOI

$27.9K $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 Rate 5%

$558,780

Cap Rate 7%

$399,129

Cap Rate 9%

$310,433

Alternative Uses

Best Use

Office B

$491.0K

$429.6K – $572.8K (±1% cap)

NOI $34,368 @ 7.0% cap · market cap 9.29%

Second Best

Retail

$399.1K

$349.2K – $465.7K (±1% cap)

NOI $27,939 @ 7.0% cap · market cap 7.55%

Theoretical Best

Office A

$686.6K

$600.8K – $801.0K (±1% cap)

NOI $48,061 @ 7.0% cap · market cap 12.99%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Renee Henderson at CrossCountry ... Loan Service CrossCountry Mortgage, LLC Loan Service Crosscountrysouth Com Loan Service Freedom & Family Realty Real Estate Agency Madison Henderson at CrossCountry ... Loan Service

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Locksmith Garden Center Veterinary Clinic (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.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

849

Businesses Nearby

Explore this area Business Placement

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

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Flexible commercial building with paved parking, hardwood interiors, and a detached storage structure for additional operational space.

Where is this mixed-use property located?

The property is located at 201 S Orange Ave Dunn, NC.

What is the asking price?

The asking price for this property is $369,900.

What are key features of this property?

This property features: 3,154‑square‑foot mixed‑use commercial building; Corner property at 201 S Orange Ave, Dunn, NC 28334; Access along HWY 421