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Investment Highlights

  • Positioned in a high-traffic corridor with 43,000+ VPD
  • Adjacent to future county industrial/flex park
  • Owners open to subdivision and flexible configurations
  • 44,000+ households nearby with $90K+ average income
  • Surrounded by national retailers and dining anchors

Executive Summary

Prime +/- 32.11 Ac development opportunity in an underserved and growing trade area with over 43,000 VPD (NCDOT 2024) along NC Hwy 24/87 and more than 44,000 households within a 5-mile radius, averaging $90,000+ in household income. The property offers excellent visibility and access, with Walmart Supercenter, established retail, restaurants, and shopping nearby. Future growth is supported by the county’s acquisition of 88 adjacent acres for a planned light industrial/flex park and a new sewer main expected in the near future. Owners may consider subdividing, additional frontage may be available.

Property Facts

Price $9,654,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Hold For Development
  • Hold For Investment
Total Lot Size 32.11 AC
Zoning R20 - Residential District

1 Lot Available

Lot

Price $9,654,000
Price Per AC $300,654.00
Lot Size 32.11 AC

Prime +/- 32.11 Ac development opportunity in an underserved and growing trade area with over 43,000 VPD (NCDOT 2024) along NC Hwy 24/87 and more than 44,000 households within a 5-mile radius, averaging $90,000+ in household income.

Somewhat walkable
30/100
Exceptionally drivable
100/100
  • Listing ID: 31011303

  • Date on Market: 2/21/2024

  • Last Updated:

  • Address: Nc 24-87 Hwy, Cameron, NC 28326

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