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    OFF-MARKET
    Apartment buildings

    0 Plank Brg Rd, Camden, NC 27921

    348,480 SF 13.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 13.5-acre property presents a unique development opportunity in the heart of Camden, North Carolina. Eight acres comprise buildable uplands, ideally suited for a variety of commercial uses including apartments, offices, medical facilities, or retail establishments. Infrastructure is already in place, including a retention pond, access to natural gas, county water, and sewer services, as well as high-quality internet access. The property is zoned Community Core, offering flexibility for diverse development plans. The land's strategic location provides convenient access to Elizabeth City and Albemarle Regional Medical Center (less than 10 minutes away), and is within an hour's drive of both the Outer Banks and Hampton Roads, Virginia. This significant parcel offers substantial potential for investors seeking a high-impact development project in a rapidly growing area. The asking price is $1,750,000, translating to $218,750 per acre. The total square footage is 348,480 square feet, with a price per square foot of $5.02. The property's APN is 028934012909930000. This is a rare opportunity to acquire a large, well-situated parcel with significant development potential in Camden County.

    Property profile
    Verified
    Property type Apartment buildings
    Total area 348,480 SF
    Lot 13.5 ac (588,060 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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