2104 Cumberland StDunn, NC 28334

Property Details for 2104 Cumberland St

Year built

1984

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

6.33 AC

Property size (Sq ft)

60,864 SF

Zone code

C-2

Property type

Retail properties

Property subtype

Other retail properties

APN

021507 0092

APU

215070092

Description

This exceptional Class A medical office outparcel, located at 2104 W Cumberland St in Dunn, NC (zip code 28334), offers a prime opportunity for medical professionals. Situated on a 0.54-acre lot within the bustling Harnett Crossing Shopping Center, this property boasts high visibility and accessibility. The center is anchored by Belk, Planet Fitness, and Ollie's Bargain Outlet, generating an estimated 1.8 million annual visits. This 4,000 square foot building is divisible into units as small as 950 square feet, with a maximum contiguous space of 4,000 square feet. The property currently features three suites. Build-to-suit and ground lease options will be considered for suitable tenants, with potential for up to 4,000 square feet of development. The location benefits from approximately 21,230 vehicles passing daily on W Cumberland St. Recent retail additions in the area include Petco, Hwy 55 Burgers, and Five Below, indicating a strong and growing market. This property presents a unique chance to establish or expand a medical practice in a high-traffic, well-established retail environment in Harnett County, North Carolina.

• CAP approach

  CAP return

  Valuation

  6%

  $21,687,010

  6.5%

  $20,018,778

  7%

  $18,588,866

• Comparable approach

  Method

  Valuation

  Relative Method

  $40,602,264

  Geo Method

  $35,206,220

• Alternative Use

  Use

  Valuation

  Residential

  $16,886,590

  Hospitality

  $15,468,025

  Educational

  $12,869,215

  Medical

  $13,311,807

  Retail

  $20,018,778

Location Insight

City

Dunn

County

Harnett

State

North Carolina

Latitude

35.3218

Longitude

-78.6337

CBSA code

22180

CBSA name

FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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