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285 W Morganton Rd - 285 W Morganton Rd., Southern Pines 5 Acres of Commercial Land Offered at $3,500,000 in Southern Pines, NC 28387
Investment Highlights
- Located at a major gateway into Downtown Southern Pines with highway visibility.
- Commercial zoning supports retail, office, and mixed-use development.
- Significant redevelopment potential on 5 acres of land.
- Accessible from one of the most heavily traveled intersections in the market.
- Surrounded by established residential neighborhoods and business activity.
- Close proximity to major regional corridors for strong connectivity.
Executive Summary
The site benefits from proximity to major regional connectors, solid traffic flow, and surrounding residential and commercial activity, ensuring continual visibility and consumer access. Located within a thriving market, Southern Pines offers an active economic environment supported by steady population growth and household income levels.
The property represents a rare opportunity for developers or investors seeking a well-located asset with flexible zoning, enabling creative mixed-use concepts or specialized commercial projects. Its strong location fundamentals and ease of access enhance its long-term value and relevance in the marketplace.
Property Facts
| Price | $3,500,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.00 AC |
| Property Type | Land | ||
| Zoning | GB-C - Commercial- General Business | ||
| Price | $3,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 5.00 AC |
| Zoning | GB-C - Commercial- General Business |
1 Lot Available
Lot
| Price | $3,500,000 | Lot Size | 5.00 AC |
| Price Per AC | $700,000.00 |
| Price | $3,500,000 |
| Price Per AC | $700,000.00 |
| Lot Size | 5.00 AC |
5-acre commercial lot at 285 W Morganton Road in Southern Pines, NC. High-visibility location at a major intersection, zoned for retail, office, or mixed-use development with strong redevelopment potential and excellent highway access.
Description
The property encompasses approximately 5 acres located at 285 W Morganton Road in Southern Pines, NC. It is situated at a main intersection with highway visibility and access from Morganton Road. Zoning is classified as Commercial-General Business. The immediate area includes a mix of residential communities, commercial establishments, and transportation corridors, contributing to regional connectivity. The site is currently positioned for future redevelopment.
Property Taxes
| Parcel Number | 8571-00-96-0648 | Improvements Assessment | $389,440 |
| Land Assessment | $288,000 | Total Assessment | $677,440 |
Property Taxes
Contact the Sale Advisor
285 W Morganton Rd - 285 W Morganton Rd., Southern Pines