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Property profile & analytics
OFF-MARKET
Land

24 Nc-87 Cameron, NC 28326

14.31 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 14.31 ac (623,344 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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