87 Nc-24 Cameron, NC 28326
This exceptional retail property in Albany's vibrant submarket offers 9,600 square feet of versatile commercial space, currently divided into six suites. Three suites are immediately available, ranging from 200 to 1,650 square feet, perfect for a variety of businesses. The building underwent a complete renovation in 2019, boasting a brand-new exterior facade and signage. The property is conveniently located near N 3rd street, with excellent visibility and accessibility. Its MU-NE zoning allows for diverse commercial uses. The property enjoys a strong tenant base, including a laundromat, hair salon, convenience store, and Caribbean restaurant, creating a synergistic and thriving retail environment. Ample street parking is available for customers and employees. The building features 240/120 power, ensuring sufficient electrical capacity for most businesses. Property taxes are $1.36 per square foot. Its proximity to a bus line and a school adds to its appeal and ensures high foot traffic. This is an excellent opportunity to establish or expand your business in a well-established and growing area. Don't miss this chance to secure your space in this thriving retail center.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.