Property profile

6036 Camden Road Ext Fayetteville, NC 28306

FOR SALE
Commercial land
Property ID
US53-1659797
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Property summary

AI-generated overview

This prime property at 6070 Camden Road spans over 4 acres, offering an ideal site for mixed-use development. Situated facing Millstone, the location benefits from high visibility and accessibility, enhanced by a 60ft easement alongside 6050 Camden Road. Currently, the property includes a residential home and garage, leased at $1,900 per month, providing immediate income. Additionally, preliminary plans for a 96-unit apartment complex are available, showcasing the property's significant development potential. A well-located site with income on Camden Rd and facing the Millstone mixed-use development. Camden Road will soon be upgraded and widened to 4 lanes and will continue to serve Hope Mills and Western Fayetteville, areas that are experiencing high growth and a stable economy.

Property profile

Verified
Property type Commercial land
UPID US53-1659797

Cap rate & NOI

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

Location

6036 Camden Road Ext Fayetteville, NC 28306
Fayetteville metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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