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Listed by MOULTRIE AND MCCLOSKEY PROPERTIES
$ 295,000
Est. payment | /mo
$ 295,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID LP759287
HOA Y/N No
Acres 5.77
Source Doorify MLS
Property Description
5.7 ACRE Multi-Family Development OpportunityZoned R5 with public water and sewer available at the site. Located in Cumberland County (not annexed by Fayetteville)—potential for state and local tax incentives for housing development.Previously planned for ~160 units of affordable housing with tax credit incentives, making this a strong opportunity for builders and developers looking to capitalize on demand.Property is in Flood Zone X. Existing 1952 home on site of no value.Take advantage of current market conditions and position yourself for your next development project.
Location
State NC
County Cumberland
Area 5.77
Interior
Fireplace No
Exterior
Garage No
Building
New Construction No
Others
Tax ID 0419-74-8408
NEARBY SCHOOLS & PROPERTIES
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5960 Fairview Rd Suite 400, Charlotte, NC, 28210, United States