2406 Roberts AveLumberton, NC 28358

Property Details for 2406 Roberts Ave

Year built

1962

Construction

FRAME

Lot size

1.05 AC

Property size (Sq ft)

3,056 SF

Property type

Office properties

Property subtype

Other office properties

APN

32060100701

APU

32060100701

Description

This exceptional commercial property, located at 2406 N Roberts Avenue in Lumberton, North Carolina, presents a unique investment opportunity. The property consists of a vacant lot, offering significant potential for various commercial ventures. Priced affordably at $16,000, this land parcel represents a compelling entry point into the Lumberton commercial real estate market. The lot size is zero acres, suggesting a smaller footprint ideal for specific types of businesses or developments. The property's "Other" designation in property type indicates a flexible zoning classification, potentially allowing for a range of uses. Given its location in Lumberton, NC, the property benefits from access to local amenities, transportation networks, and a growing community. Prospective buyers are encouraged to conduct their own due diligence to determine the suitability of the property for their intended use and to verify zoning regulations and permitted development options. The absence of square footage information highlights the need for on-site assessment to determine the buildable area. This property is being offered as-is, and the buyer is responsible for all inspections and due diligence. This is a rare chance to acquire a strategically located commercial lot at an attractive price point. Don't miss this opportunity to secure a piece of Lumberton's commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $754,604

  6.5%

  $696,557

  7%

  $646,803

• Comparable approach

  Method

  Valuation

  Relative Method

  $786,898

  Geo Method

  $701,474

• Alternative Use

  Use

  Valuation

  Residential

  $863,731

  Hospitality

  $791,173

  Educational

  $658,247

  Medical

  $680,885

  Retail

  $1,023,939

Location Insight

City

Lumberton

County

Robeson

State

North Carolina

Latitude

34.6409

Longitude

-79.0055

CBSA code

31300

CBSA name

LUMBERTON, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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