3135 Dunn Rd Eastover, NC 28312
- Day care centers
- 2,900 SF
- 2.19 lot acres
Current Use by Public Records
- Day care centers
Property Details for 3135 Dunn Rd
- Year built
- 1900
- Lot size
- 2.19 lot acres
- Property size
- 2,900 SF
- Zone code
- C2P
- Property type
- Day care centers
- APN
- 0468-16-9122
- APU
- 468169122
Description
This exceptional 3.45-acre commercial land parcel, located at 3135 Dunn Road in Eastover, North Carolina, presents a compelling investment opportunity at an asking price of $1,500,000. The property is zoned C2P and R6A (within the Cumberland County Overlay District, or CCOD), allowing for diverse development options, including retail, quick-service restaurants, and convenience stores. Currently featuring multiple residential structures, the site offers flexibility for redevelopment to suit a variety of commercial uses. Benefitting from high visibility and accessibility, the property boasts frontage along Dunn Road, a major thoroughfare with over 4,000 vehicles passing daily. Its strategic location near the I-95 business off-ramp ensures convenient access for businesses seeking to tap into both local and interstate traffic. The strong demographics further enhance the property's appeal, with a projected population exceeding 7,700 by 2024 and a median household income of $75,341 within a three-mile radius. This prime location and flexible zoning regulations create a unique opportunity for significant growth and return on investment. The property's zip code is 28312, situated in Cumberland County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $295,000
- 6.5%
- $315,000
- 7%
- $270,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $240,000
- Geo Method
- $240,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $290,000
- Retail
- $265,000
- Mixed-Use
- $230,000
- Hospitality
- $235,000
- Educational
- $245,000
- Residential Income
- $270,000
- Energy
- $275,000
- Income-Based Land
- $310,000
- Food Service
- $240,000
Location Insight
- Map
- Local Demand
- City
- Eastover
- County
- Cumberland
- State
- North Carolina
- Longitude
- -78.793
- Latitude
- 35.0856
- CBSA code
- 22180
- CBSA name
- FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA