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    24/87 Nc Hwy Cameron, NC 28326

    Sponsored
    For Sale
    $1,450,000

    Prime Cameron, NC development tract.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.6-acre commercial land parcel presents a compelling investment opportunity in the thriving town of Cameron, North Carolina. Strategically situated off Highway 24/87, this property boasts a highly desirable location, just one lot away from the recently constructed Sheetz convenience store, ensuring high visibility and accessibility. The site is zoned RA-20R, aligning with the area's Land Use Plan designating it for Employment Zone/Mixed Use development. This presents a wide range of potential uses, catering to diverse business needs. The property benefits from exceptional traffic counts, with over 35,000 vehicles passing daily on Highway 24/87. Furthermore, the surrounding area demonstrates strong residential growth, boasting over 10,000 households within a 5-mile radius, exhibiting an average annual income of $80,000. This robust demographic profile underscores the significant market potential for any development undertaken on this site. The seller is open to subdividing the property, offering flexibility to potential buyers. This prime location, coupled with favorable zoning and strong market indicators, makes this a truly exceptional opportunity for commercial development in a rapidly growing area. The asking price for this remarkable property is $1,450,000.

    Property Features for 24/87 Nc Hwy

    General Information

    Property type
    Land
    Lot Size
    200,376 SF

    HighLights

    • 4.6‑acre commercial land parcel in Cameron, NC.
    • High‑traffic location on Hwy 24/87, near a new Sheetz.
    • RA‑20R zoning allows for Employment Zone/Mixed Use development.
    • Over 35,000 vehicles pass daily on Hwy 24/87.
    • Seller will consider subdividing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cameron
    County
    Harnett
    State
    North Carolina
    Longitude
    -79.1057126
    Latitude
    35.2828938

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    FAQs

    What type of property is this?
    Land - Prime Cameron, NC development tract.
    Where is this land located?
    The property is located at 24/87 Nc Hwy Cameron, NC.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: 4.6-acre commercial land parcel in Cameron, NC.; High-traffic location on Hwy 24/87, near a new Sheetz.; RA-20R zoning allows for Employment Zone/Mixed Use development.
    (910) 864-2626
    Request Owner's contact information
    24/87 Nc Hwy Cameron, NC 28326
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    Cameron, NC 28326
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    Realmo Value Estimation

    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.

    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.

    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
    24/87 Nc Hwy Cameron, NC 28326
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