1239-1241 Sunset Avenue

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1239-1241 Sunset Avenue

Clinton, NC 28328
Asking Price
$395K
Asset Type
Commercial Land
Class
Class B

What's Special

1239-1241 Sunset Avenue, Clinton, NC 28328 <ul><li>​1.94 +- Acres with 193 +- feet of Frontage on Sunset Avenue (HWY 24)</li><li>​Approximately 84,920 +- sq ft. High Traffic area of Clinton, NC</li><li>​Two parcels together to make up this tract</li><li>​Lot Dimensions: 193' X 440'</li><li>​Zoning: Highway Commercial (HC) 400' +- and RA 20 Beyond</li><li>​Traffic Count: Approximately 28,000 +- cars per day</li><li>​Utilities: Water, Sewer, Power, Phone, Natural Gas available in the area</li><li>​Road Type/Frontage: 4+ Lanes; Public</li><

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NOI
$80,000
Cap Rate
20.25%
DSCR
3.41
Strong
Cash-on-Cash
47.72%
Monthly Payment
$1,954.244
Annual Cash Flow
$56,549.066

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