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    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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