Property profile

2250 Roberts Ave Lumberton, NC 28358

OFF-MARKET
Commercial land
Property ID
US53-3042062
22,000 SF 3.29 ac lot Built 1973
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4.31-acre commercial land parcel presents a prime opportunity for retail development in Lumberton, North Carolina. Located at 2250 N Roberts Ave, the property boasts a highly desirable General Commercial (B4) zoning designation, allowing for a wide range of retail uses. Its strategic location offers unparalleled visibility and accessibility, situated directly across from the substantial Biggs Park Mall (402,017 square feet of gross leasable area), ensuring high foot traffic and brand recognition. The property benefits from multiple points of entry along both N Roberts Avenue and Fayetteville Road, providing convenient access for customers and maximizing exposure to a large customer base. This makes it an ideal location for businesses seeking a strong presence in a thriving retail corridor. The expansive lot size provides ample space for development, accommodating a variety of retail concepts, from smaller shops to larger-scale retail centers. This is a rare opportunity to acquire a well-positioned commercial property in a growing market. Serious inquiries are encouraged. The property is zoned for General Commercial (B4) use.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1973
Total area 22,000 SF
Lot 3.29 ac (143,312 SF)
APN 320601019
UPID US53-3042062

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2250 Roberts Ave Lumberton, NC 28358-2866
Lumberton metro Census 961302 LUMBERTON, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.84M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.90M
Blend (final) Blend
$1.77M

Owner & transaction history

since 2023
Last sale
$1.2M
7 recorded transactions
2024
Price N/A
2023
Price N/A
2023
$1.2M
2023
Price N/A
2023
$2.2M
2016
Price N/A
2013
$506,500

Zoning & alternative use

Top alternative use upside
Office building $2.2M +3.2%
Restaurant $2.1M +0.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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