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Property profile & analytics
OFF-MARKET
Land

0 Nc-24 Cameron, NC 28326

16 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 16-acre commercial land parcel in Cameron, North Carolina, presents a remarkable investment opportunity. Located directly on NC-24, the property boasts approximately 925 feet of road frontage, providing excellent visibility and accessibility. Currently zoned for commercial use, this site is ideal for a wide range of developments. Potential uses include, but are not limited to, a dollar store, HVAC or other trade businesses, storage facilities, a lay-down yard, commercial offices, or warehouses. A significant advantage is the recent removal of a long-standing deed restriction that previously limited development to religious uses. This opens the door to a diverse array of commercial ventures. The property's location in a rapidly growing area further enhances its appeal. The owner may consider subdividing the land into 8 or 10 individual commercial lots, subject to their approval, creating additional development potential. The property's APN is 09957501 0186 72 and is owned by CHS Investors, LLC. The asking price is $749,500. This is a rare opportunity to acquire a large, strategically located commercial parcel in a thriving market.

Property profile
Verified
Property type Land
Lot 16 ac (696,960 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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