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    24 Nc-87 Cameron, NC 28326

    Sponsored
    For Sale
    $3,148,185

    High-traffic location, retail & multi-family potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 14.31-acre commercial land parcel presents a unique investment opportunity in Cameron, North Carolina. Strategically located on NC Highway 24/87, this property boasts impressive visibility and accessibility, with an average daily traffic count exceeding 42,500 vehicles (per NCDOT 2023 data). Its prime location adjacent to a Walmart and near Fort Bragg Military Reservation ensures a robust and growing consumer base. Within a 5-mile radius, there are approximately 44,000 households, exhibiting an average household income of roughly $90,000. The property's zoning permits commercial development, offering unlimited potential for retail and multi-family projects. The seller is open to subdividing or recombining parcels to accommodate various development plans. The asking price is $3,148,185, with potential pricing per acre ranging from $80,000 to $250,000 depending on the specific location within the parcel. The property's APN is 019594 0093 02. This is a rare opportunity to acquire a significant commercial land holding in a rapidly expanding market.

    Property Features for 24 Nc-87

    General Information

    Property type
    Land
    Lot Size
    623,344 SF

    HighLights

    • Highly desirable commercial lot.
    • High traffic count: average daily traffic of approximately 35,000 vehicles.
    • Excellent potential for retail and multi‑family development.
    • Prime location near Cameron and Fort Bragg.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cameron
    County
    Harnett
    State
    North Carolina
    Longitude
    -79.1774268
    Latitude
    35.2762929

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    FAQs

    What type of property is this?
    Land - High-traffic location, retail & multi-family potential.
    Where is this land located?
    The property is located at 24 Nc-87 Cameron, NC.
    What is the asking price?
    The asking price for this property is $3,148,185.
    What are key features of this property?
    This property features: Highly desirable commercial lot.; High traffic count: average daily traffic of approximately 35,000 vehicles.; Excellent potential for retail and multi-family development.
    (910) 864-2626
    Request Owner's contact information
    24 Nc-87 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 Nc-87 Cameron, NC 28326
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