Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4600 Cumberland Rd Hope Mills, NC 28348
    Back to Search
    Property profile & analytics

    4600 Cumberland Rd, Hope Mills, NC 28348

    View on Map
    • Assisted living facilities
    • 12,095 SF
    • 4.64 lot acres
    Off-Market
    Last Sale Jun 2, 2021
    $9,112,000
    Property ID
    US53-2145650
    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.
    Value Estimations
    $8,565,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Assisted living facilities

    Property Details for 4600 Cumberland Rd

    Year built
    1999
    Lot size
    4.64 lot acres
    Zone code
    CP
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    0415-08-8102
    APU
    415088102

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 6, 2025 — 1987 Hilton Road LLC — Deed · related $205M · Key Bank NA
    Jun 2, 2021 $9,112,000 4600 Cumberland Road LLC Carolina Health Care Ctr Of Cumberl Special Warranty Deed $666M · Capital Funding

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $7,640,000
      ML approach
      $8,400,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Hope Mills
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.9639
    Latitude
    35.0088
    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
    2023
    $51,936
    $325,443
    $3,391,894
    $3,717,337
    -
    $325,443
    $3,391,894
    $3,717,337

    Comparable in this City

    • Value Estimation
      $1,685,000
      19,454 SF

      4217 Elk Rd

      HOMES (RETIRED, NURSING)
      4217 Elk Rd, Hope Mills, NC 28348-8483
      View Details
    • Value Estimation by Request
      6,600 SF

      4114 Pecan Dr

      HOMES (RETIRED, NURSING)
      4114 Pecan Dr, Hope Mills, NC 28348-2423
      View Details
    • Value Estimation
      $4,230,000
      14,174 SF

      Cumberland Rd

      HOMES (RETIRED, NURSING)
      Cumberland Rd, Hope Mills, NC 28348
      View Details
    • Value Estimation
      $1,260,000
      0.75 Acres

      1249 Chicken Foot Rd

      MEDICAL CLINIC
      1249 Chicken Foot Rd, Hope Mills, NC 28348-7525
      View Details
    • Value Estimation
      $535,000
      4,116 SF

      4146 Main St

      MEDICAL CLINIC
      4146 Main St, Hope Mills, NC 28348-2325
      View Details
    • Value Estimation by Request
      4,049 SF

      4469 Main St

      MEDICAL CLINIC
      4469 Main St, Hope Mills, NC 28348-9546
      View Details

    Similar Nearby for Sale

    • $379,000
      1,700 SF

      Hope Mills Commercial Opportunity

      Adaptable office/showroom with workshop on high-traffic Legion Road.
      3840 Legion Rd, Hope Mills, NC 28348
      View Details
    • $40,000
      Pending

      Land Available in Hope Mills

      Land for construction or expansion in Hope Mills, North Carolina.
      4945 Pinewood Dr, Hope Mills, NC 28348
      View Details
    • $629,900

      Hope Mills Multifamily Investment

      Ten units on well and septic system in Hope Mills.
      4823 Arlington St, Hope Mills, NC 28348
      View Details
    • $1,799,000

      Land Parcel Near Permastone Lake

      Land parcel available near Permastone Lake Road.
      5869 Permastone Lake Rd, Hope Mills, NC 28348
      View Details
    • $55,000
      1.89 Acres

      Secluded Land in Hope Mills

      Private, secluded 1.89-acre lot near Fayetteville, Hope Mills, Lumberton.
      2608 Blowing Rock Ct, Hope Mills, NC 28348
      View Details
    • Contact for pricing

      Land with Development Potential

      1.16 acres of land suitable for commercial development.
      4066 Legion Rd, Hope Mills, NC 28348
      View Details

    Similar Nearby for Lease

    • $350 /Mo

      Office Space in Hope Mills

      Office space for rent with utilities included near I-95.
      4950 Cameron Rd, Hope Mills, NC 28348
      View Details
    • $1,600 /Mo
      1,191 SF

      Hope Mills Commercial Space

      Commercial space for rent in a high-traffic area.
      4807 S Main St, Hope Mills, NC 28348
      View Details
    • Contact for pricing

      New Retail Strip Center Space

      New retail space available in growing Hope Mills area.
      5533 Corporation Dr, Hope Mills, NC 28348
      View Details
    • Contact for pricing

      New Flex Building, Build-to-Suit

      20,000 SF flex building available Q2-Q3 2026.
      3456 Black And Decker Rd, Hope Mills, NC 28348
      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.
    4600 Cumberland Rd
    Hope Mills, NC 28348
    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

    Thank You for Inquiry
    4600 Cumberland Rd, Hope Mills, NC, 28348
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!