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Property profile

3135 Dunn Rd Eastover, NC 28312

FOR SALE
Day care centers
Property ID
US53-0621323
2,900 SF 2.19 ac lot Built 1900
Entity Owned 15-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

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

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1900
Total area 2,900 SF
Lot 2.19 ac (95,396 SF)
Zoning code C2P
APN 0468-16-9122
UPID US53-0621323

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2011
2 recorded transactions
2011
Price N/A
2010
$295,000

Zoning & alternative use

C2P · Eastover, NC

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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