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Property profile & analytics
OFF-MARKET
Land

87 Nc-24 Cameron, NC 28326

28.86 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 28.86 ac (1,257,142 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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