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    Property profile & analytics

    200 Ellis Ave Dunn, NC 28334-3807

    • Strip malls
    • 2,062 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $265,000
    Last Sale
    May 20, 2024
    $244,000
    Location Intelligence
    Property ID
    US53-1668540
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Strip malls

    Property Details for 200 Ellis Ave

    Year built
    1950
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.12 lot acres
    Property size
    2,062 SF
    Zone code
    OI
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    2151607100013
    APU
    2151607100013

    Description

    This 2,062 square foot office building, located at 200 N Ellis Ave in Dunn, North Carolina, presents a compelling owner-user opportunity. Built in 1950 and extensively renovated in 2024, this Class C property boasts a versatile open layout ideal for various business needs. The single-story building sits on a 0.12-acre lot, offering prominent signage opportunities due to its corner location. Two bathrooms and one private office are included. The property's OI zoning provides flexibility for future uses. Conveniently situated near Highways 421, 301, and I-95, this location ensures easy access for employees and clients. The asking price is $299,000, translating to $169.74 per square foot. The property is currently vacant, allowing for immediate occupancy and customization to suit specific business requirements. The Harnett County location, with its address of 200 N Ellis Ave, Dunn, NC 28334, offers a strong foundation for business growth. This is an exceptional opportunity to acquire a well-maintained, conveniently located office space in a thriving downtown area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $275,000
      6.5%
      $280,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $320,000
      Geo Method
      $275,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $370,000
      Retail
      $335,000
      Mixed-Use
      $340,000
      Hospitality
      $315,000
      Educational
      $380,000
      Residential Income
      $370,000
      Energy
      $330,000
      Income-Based Land
      $355,000
      Food Service
      $320,000

    Location Insight

    • Map
    • Local Demand
    City
    Dunn
    County
    Harnett
    State
    North Carolina
    Longitude
    -78.6144
    Latitude
    35.312
    CBSA code
    22180
    CBSA name
    FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,258
    $0.00
    $0.00
    $80,981
    -
    $14,900
    $66,081
    $80,981

    Comparable in this City

    • Value Estimation by Request
      2,310 SF

      210 Ellis Ave

      SHOPPING CENTER, STRIP CENTER • 2,310 SF
      210 Ellis Ave, Dunn, NC 28334-3807
      View Details
    • Value Estimation by Request
      4,800 SF

      602 Erwin Rd

      SHOPPING CENTER, STRIP CENTER • 4,800 SF
      602 Erwin Rd, Dunn, NC 28334-4520
      View Details
    • Value Estimation by Request
      17,865 SF

      1000 Cumberland St

      SHOPPING CENTER, STRIP CENTER • 17,865 SF
      1000 Cumberland St, Dunn, NC 28334-4716
      View Details
    • Value Estimation by Request
      3,570 SF

      302 Edgerton St

      SHOPPING CENTER, STRIP CENTER • 3,570 SF
      302 Edgerton St, Dunn, NC 28334-4106
      View Details
    • Value Estimation by Request
      660 SF

      204 Ellis Ave

      SHOPPING CENTER, STRIP CENTER • 660 SF
      204 Ellis Ave, Dunn, NC 28334-3807
      View Details
    • Value Estimation by Request
      10,200 SF

      1165 Cumberland St

      SHOPPING CENTER, STRIP CENTER • 10,200 SF
      1165 Cumberland St, Dunn, NC 28334-8960
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      5,000 SF

      Dunn Retail Center: Prime Location

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    • $6,000 /Mo
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      14,000 SF space in busy retail center on US Hwy 421.
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    • $7,650 /Mo
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      5,000 SF warehouse on nearly 6 acres for lease.
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    200 Ellis Ave
    Dunn, NC 28334-3807
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    Realmo Value Estimation

    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.

    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.

    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
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