Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    219 Wa Wilson Ln Cameron, NC 28326

    • Commercial real estate
    • 35.80 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-1449606
    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

    • Commercial real estate

    Property Details for 219 Wa Wilson Ln

    Lot size
    35.80 lot acres
    Property type
    Commercial real estate

    Description

    Exceptional 35+/- acre residential development opportunity in Cameron, North Carolina, located in Harnett County's Johnsonville community. This property boasts over 800 feet of road frontage along Hillmon Grove Road, offering excellent visibility and accessibility. Currently zoned RA-20R (minimum lot size 20,000 sq ft), it presents significant potential for residential development. A county 4-inch water line is available on Hillmon Grove Road, with a 6-inch line ending across the street at the intersection of Hillmon Grove and Cameron Hill Roads. Septic systems will be required. The property enjoys a convenient location southwest of Highways 87 and 24/27, providing easy commutes to Sanford, Fayetteville, Fort Liberty, and Southern Pines/Aberdeen (Moore County is just two miles away). The area has seen substantial residential and commercial growth over the past decade and continues to thrive. Included on the site is a 2-bedroom, 2-bathroom brick home (sold "as is"), along with several shelters and barns. The property was previously a mobile home park, but the park has been closed for several years. This presents a unique chance to capitalize on the area's growth and create a thriving residential community. The asking price is $570,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cameron
    County
    Harnett
    State
    North Carolina
    Longitude
    -79.1309292
    Latitude
    35.2420525

    Comparable in this City

    • $849,900
      2.28 Acres

      Prime Cameron Commercial Land

      2.28 Acres, High Traffic Area
      NC-24 N, Cameron, NC 28326
      View Details
    • $10,140,000
      33.72 Acres

      Cameron, NC Commercial Land

      Prime commercial land with retail and multi-family potential.
      Nc 24-87 Hwy, Cameron, NC 28326
      View Details
    • $1,650,000
      311 SF

      311 Acres in Harnett County

      Land for sale in fast-growing Harnett County, North Carolina.
      Ponderosa Rd, Cameron, NC 28326
      View Details
    • $208,510
      Pending

      Cameron, NC Land Parcel

      14+ acres of residential/agricultural land near Sanford and Fort Bragg.
      Cameron Hill Rd, Cameron, NC 28326
      View Details
    • $50,000
      0.96 Acres

      Residential Land in Cameron, NC

      0.96 acre lot for residential development in Cameron, NC.
      948 Pine Oak, Cameron, NC 28326
      View Details
    • $145,145
      10.01 Acres

      Cameron NC 10-Acre Homesite

      10-acre homesite ready for building with utilities available.
      Cameron Hill Rd, Cameron, NC 28326
      View Details

    Similar Nearby for Sale

    • $30,000
      0.33 Acres

      Commercial Land Near Super Walmart

      0.33-acre commercial land with high visibility near Fort Liberty.
      Nc 24-87, Cameron, NC 28326
      View Details
    • $200,000
      13.04 Acres

      Cameron, NC Wooded Acreage

      13.04 acres of wooded land with utilities in Cameron, NC.
      Line Rd, Cameron, NC 28326
      View Details
    • $300,000
      4.50 Acres

      Cameron, NC Land For Sale

      4.5 acre lot suitable for equestrian and site-built homes.
      535 Sanctuary Trl, Cameron, NC 28326
      View Details
    • $1,552,000
      3.88 Acres

      Cameron, NC Development Site

      Almost 4-acre development site in Cameron, Harnett County, NC.
      24 & 87 Nc Hwy, Cameron, NC 28326
      View Details
    • $55,000
      0.89 Acres

      Cameron, NC Land For Sale

      Residential land with paved road frontage and county water.
      168 Dove Rd, Cameron, NC 28326
      View Details
    • Contact for pricing
      Pending

      Land in Moore County, NC

      4.7 acre land parcel available via online auction.
      L Cooper Rd, Cameron, NC 28326
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Fayetteville Commercial Land

      3+ Acres, High-Traffic Location
      2115 Nc 24-87, Cameron, NC 28326
      View Details
    • 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
    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.
    219 Wa Wilson Ln
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.