Prime Land with Retail
87 NC-24 Cameron, NC 28326
87 NC-24, Cameron, NC, 28326
Contact for pricing
For Sale
Contact for pricing
Land with retail and multi-family potential in underserved area.
Days on Market1493
Property Features for 87 NC-24
General Information
- Standard status
- Active
- Property subtype
- Land
Listing agency
Franklin Johnson Commercial Real Estate
(910) 802-0076
Listed by
Franklin Johnson · License #NC 146789
Source
Crexi
Added: Jun 20, 2022 Updated: Jul 6 at 8:05AM Checked: Jul 19 at 8:59AM
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 Franklin Johnson Commercial Real Estate
Investment Insights
Based on property information with market context.
This property represents a 75% ownership stake and is situated in a prime location with significant potential for both retail and multi-family development. The area is currently underserved, located more than 15 miles from major retail centers. The site benefits from high traffic volume, with an Average Daily Traffic (ADT) count of 42,500 vehicles per day. The surrounding area has over 44,000 existing households within a 5-mile radius, with an average household income of $90,000 per year. The population is experiencing continuous growth, supported by substantial residential construction activity, including a recently approved 6,000-unit subdivision located within 200 yards of the property. According to the County Long Range plan, the area is designated for commercial and mixed-use development. The owner is open to subdividing the property. Additional frontage and adjacent parcels may be available. Incentives may be negotiated with the County.
Key Highlights
- Prime location with unlimited retail and multi‑family potential.
- High traffic volume: 42,500 vehicles per day.
- Strong demographics: Over 44,000 households within 5 miles with an average income of $90,000/year.
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Land with retail and multi-family potential in underserved area.
Where is this commercial land located?
The property is located at 87 NC-24 Cameron, NC.
What is the asking price?
The asking price for this property is $10,140,000.
What are key features of this property?
This property features: Prime location with unlimited retail and multi‑family potential.; High traffic volume: 42,500 vehicles per day.; Strong demographics: Over 44,000 households within 5 miles with an average income of $90,000/year.
