Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1534-1574 Nc 24 Hwy Cameron, NC 28326

    • Retail properties
    • 4.00 lot acres
    For Sale
    View listing
    $3,500
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 1534-1574 Nc 24 Hwy

    Lot size
    4.00 lot acres
    Property type
    Retail properties

    Description

    This exceptional retail property, located at 1534-1574 NC 24 Highway in Cameron, North Carolina, presents a compelling investment opportunity. The property boasts a substantial 4-acre lot, providing ample space for development or expansion. Its prime location directly on NC 24 Highway ensures high visibility and accessibility for potential customers, making it ideal for a variety of retail businesses. The property's size and highway frontage offer significant potential for increased revenue generation. The asking price is $3,500,000. Given the strategic location and substantial land area, this property represents a rare chance to acquire a significant retail asset in a growing market. The property's size and highway frontage offer significant potential for increased revenue generation. The high traffic count on NC 24 Highway translates to substantial exposure for any business operating on the site. This presents a unique opportunity for businesses seeking a prominent location with excellent visibility and accessibility. The expansive 4-acre lot allows for flexibility in development and expansion plans, catering to a wide range of retail concepts. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cameron
    County
    Moore
    State
    North Carolina
    Longitude
    -79.0838
    Latitude
    35.2713

    Comparable in this City

    • Value Estimation by Request
      1,990 SF

      1517 Nc 24-87

      Individual retail properties • 1,990 SF
      1517 Nc 24-87, Cameron, NC 28326
      View Details
    • Value Estimation by Request
      43,000 SF

      2800 Nc-24

      Lifestyle centers • 43,000 SF
      2800 Nc-24, Cameron, NC 28326
      View Details
    • Value Estimation by Request
      8.71 Acres

      Nc 24-87

      SHOPPING CENTER, STRIP CENTER • 8.71 Acres
      Nc 24-87, Cameron, NC 28326
      View Details
    • Value Estimation by Request
      10.84 Acres

      Nc 24-87

      SHOPPING CENTER, STRIP CENTER • 10.84 Acres
      Nc 24-87, Cameron, NC 28326
      View Details
    • Value Estimation by Request
      1,934 SF

      3535 Nicholson Rd

      AUTO REPAIR, GARAGE • 1,934 SF
      3535 Nicholson Rd, Cameron, NC 28326-7281
      View Details
    • Value Estimation by Request
      0.59 Acres

      412 Carthage St

      RETAIL STORES (PERSONAL SERVICES) • 0.59 Acres
      412 Carthage St, Cameron, NC 28326-9851
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4.00 Acres

      Cameron Retail Center - Highway Frontage

      High-traffic location, 4 acres, excellent visibility.
      1534-1574 Nc 24 Hwy, Cameron, NC 28326
      View Details
    • Contact for pricing
      3.32 Acres

      Cameron Commercial Land - 3.32 Acres

      High-traffic corner lot near Sheetz. Ideal for commercial development.
      2115 Nc 24-87, Cameron, NC 28326
      View Details
    • $1,000,000

      Cameron, NC Commercial Land

      Prime 2-acre development site, high traffic.
      2073 Nc 24-87 Hwy, Cameron, NC 28326
      View Details
    • $1,752,000
      311.60 Acres

      Cameron, NC Commercial Land - 311 Acres

      Exceptional 311-acre commercial tract in Harnett County.
      0 Ponderosa Rd, Cameron, NC 28326
      View Details
    • $800,000
      1.48 Acres

      Cameron, NC Commercial Land

      1.48-acre commercial land in Cameron, NC, across from Super Walmart.
      2673 Nc 24-87, Cameron, NC 28326
      View Details
    • $299,000
      19.24 Acres

      Cameron, NC Wooded Land Parcel

      Nearly 20-acre wooded tract near Highway 87 in Harnett County.
      1a Ponderosa Rd, Cameron, NC 28326
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      18,376 SF

      Cameron, NC Retail Opportunity

      Retail property in high-growth area with established client base.
      1534-1574 Nc 24 Hwy, Cameron, NC 28326
      View Details
    • Contact for pricing

      Retail Pads Available For Lease

      Two pads available for lease, ideal for QSR, bank, or medical.
      Cameron, NC 28326
      View Details
    • Contact for pricing

      Prime Fayetteville Commercial Land

      3+ Acres, High-Traffic Location
      2115 Nc 24-87, Cameron, NC 28326
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1534-1574 Nc 24 Hwy
    Cameron, NC 28326
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.