Commercial Land for Sale in Fayetteville, North Carolina

Cumberland Rd Fayetteville, NC 28306

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$114,900
6.74 acres
pending saleUnder contract

Located near the bustling intersection of Cumberland Road and George Owen Road in Hope Mills, this 6.74-acre property features a two-sided billboard--one fixed and one digital--providing steady income with last year's revenue totaling $16,425.68. With annual taxes of just $938.02, the property delivers a strong NOI of $15,487.66, offering investors an attractive 13.5% cap rate. Beyond the billboard income, the property offers a fantastic value-add opportunity to subdivide the lot, potentially unlocking further possible development or recreational use. Ideal for investors seeking both immediate returns and long-term growth potential.

Location

Street Address
Cumberland Rd
Elevation
121 feet
Coordinates
35.0032, -78.9784

Property details

Zoning
C(P) - Planned Commercial District
MLS Number
FAR 733811
Date Posted

Parcels

  • 0405-66-8151.000

Legal description

This 6.74-acre property is located at Cumberland Rd in Fayetteville, NC 28306 with latitude 35.0032 and longitude -78.9784. The property is currently pending sale for $114,900 with a price per acre of $17,047. Listing data is sourced from Longleaf Pine Realtors # 733811.

Verify sale details at the property source or contact RE/MAX Choice at (910) 483-7500.

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Copyright (C) 2024 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 59 mins ago. Parcel data by Regrid.

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