Prime Land with Retail
For Sale
Contact for pricing
87 NC-24, Cameron, NC 28326
Land with retail and multi-family potential in underserved area.
Property SizeContact for details
Days on Market1544
Property Features for 87 NC-24
General Information
Standard status
Active
Property subtype
Land
Zoning
R20 - Residential District
Listing Agency:
Franklin Johnson Commercial Real Estate
Listed By:
Franklin Johnson · License #NC 146789
(910) 818-8400
Source:
Crexi
Added: Jun 20, 2022
Changed: Sep 3
Last Checked: Sep 10 at 6:00AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 28326, NC
26,061
Population
9,277
Households
2.8
Avg Household Size
30
Median Age
26%
College-Educated
94%
High-School Grad
117.7 sq mi
ZIP Area
221
Density / Sq Mi
$77,197
Median Household Income
$47,836
Median Earnings
$1,489
Median Rent
$244,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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 $9,654,000.
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.
