Property profile

0 Plank Brg Rd Camden, NC 27921

OFF-MARKET
Apartment buildings
348,480 SF 13.5 ac lot
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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

Location

Plank Brg Rd Camden, NC 27921
Camden metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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