100 Plank Bridge Rd

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100 Plank Bridge Rd

Camden, NC 27921
Asking Price
$2.64M
Asset Type
Retail
Class
Class B

What's Special

100 Plank Bridge Road is situated in Camden, North Carolina, positioned near the intersection of US Highway 158 and Northside Road. The surrounding neighborhood is characterized by a blend of residential subdivisions and emerging commercial activity within Camden County. The property offers direct access to regional transit corridors connecting to Elizabeth City and the Outer Banks. Local amenities include nearby public schools, community parks, and essential service providers. The location benefits from steady commuter traffic and visibility along a primary local thoroughfare. The property is suited for a variety of retail applications, including neighborhood convenience stores, professional service offices, or small-scale specialty shops. Ideal tenants include regional retailers looking to establish a presence in a growing suburban market or local businesses serving the immediate residential population. The site layout supports high-frequency customer turnover and provides sufficient space for essential retail operations. The asset represents a functional opportunity for occupiers requiring proximity to Camden’s primary residential hubs and regional transportation links.

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NOI
$80,000
Cap Rate
3.03%
DSCR
0.51
Underwater
Cash-on-Cash
-9.70%
Monthly Payment
$13,072.49
Annual Cash Flow
$-76,869.886

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