1401-1415 Cumberland St Dunn, NC 28334
- Commercial real estate
- 10,000 SF
- 1.26 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1401-1415 Cumberland St
- Year built
- 1952
- Lot size
- 1.26 lot acres
- Property size
- 10,000 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a fully leased 10,000 square foot strip shopping center situated on a highly visible 1.26-acre lot in Dunn, North Carolina. The property boasts a prime location on US Highway 421, offering excellent exposure to a substantial volume of daily traffic. Its strategic positioning provides frontage on three roads, maximizing accessibility and visibility for tenants and customers. Currently generating income from its existing retail tenants, the property also includes two separately rented dwellings, adding to its overall revenue stream. The property's versatile nature and substantial size present a tremendous opportunity for redevelopment, allowing for expansion, renovation, or repurposing to meet evolving market demands. This is an ideal acquisition for investors seeking a strong cash flow from existing tenants while simultaneously capitalizing on the significant potential for future growth and increased profitability through redevelopment. The asking price of $1,750,000 reflects the property's exceptional location, current income generation, and significant redevelopment potential. This is a rare opportunity to acquire a well-positioned commercial property in a growing market. Don't miss out on this chance to secure a valuable asset with substantial long-term prospects.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dunn
- County
- Harnett
- State
- North Carolina
- Longitude
- -78.6238
- Latitude
- 35.3145
