Property summary
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.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C2P · Eastover, NCZoning
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Zoning designation
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