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Listed by EXP REALTY LLC
$ 175,000
Est. payment /mo
Active
0 Southern AVE Fayetteville, NC 28306
2.2 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID LP761742
HOA Y/N No
Lot Size 2.200 Acres
Acres 2.2
Source Doorify MLS
Property Description
*LAND FOR APARTMENTS/MULTI-FAMILIES/TOWNHOUSES*MOTIVATED SELLER!CALLING ALL INVESTORS! Excellent opportunity to develop approximately 2.2 acres in the heart of Fayetteville, zoned MR-5 and well-positioned for much-needed housing options. The zoning allows townhomes, multifamily, and apartment-style development, making this property especially attractive for rental or attainable housing projects.A conceptual engineered layout for 16 townhomes has already been shared with the City of Fayetteville and received positive preliminary feedback from the Zoning Administrator, with only minor adjustments noted. The seller has also prepared a separate conceptual plan for a 30-unit apartment development featuring smaller 2-bedroom, 2-bath units. The City has indicated the property may accommodate up to 40 units, subject to all applicable reviews and approvals. Supporting documents and conceptual plans are available upon request.A cleared path allows buyers to easily walk the property, and public utilities are available at the road. Conveniently located approximately 1.4 miles from downtown Fayetteville, 3.8 miles from Fayetteville Regional Airport, 2.7 miles from Walmart and major retail, with easy access to I-87.Buyer to verify zoning, soils, permitting, subdivision potential, and intended use. Hablo español.
Location
State NC
County Cumberland
Area 2.2
Zoning MR5 - Mixed Residential
Interior
Fireplace No
Exterior
Utilities Available Sewer Available, Water Available
Garage No
Building
Lot Description Wooded
Water Public
New Construction No
Others
Tax ID 0436-38-3283.000
