5462 River Rd - Multifamily Development Site Downtown 4.6 Acres of Commercial Land Offered at $150,000 in Hope Mills, NC 28348

Development Site for Sale in the heart of Downtown Hope Mills. This 4.6-acre site has been approved for two separate duplexes to be built and features 3.4 acres of waterfront property along Little Rockfish Creek. It's perfect for an investor who wants to build two duplexes and have 4 income units for monthly passive income. It is also an excellent choice for an investor who wants to develop the two lots and sell each duplex after it is built. An owner could build a single-family home on one side to live in and build a duplex on the other side for two units of monthly rental income. There are many possibilities to turn this into an income property. You could also build two single-family homes instead of duplexes. The site plan for the two duplexes has been approved by the Town of Hope Mills. Building plans for each duplex can be provided upon request. Public utilities (water, sewer, electricity) are all available and very close. The home sites have been 90% cleared, with just a few trees left to take down. Two new addresses have been registered for the homesites (5401 Suncrest Drive and 5022 Cameron Rd). All the heavy lifting has been done on this property. It's ready for the building permit to be submitted and the homes to be built. See youtube aerial views of site and neighborhood by copying and pasting the link below https://youtu.be/hZag8clbpIs Location Highlights • 10 minutes to Fayetteville • 11-minute drive to Fayetteville Regional Airport • 5-minute drive to shopping centers and restaurants • 8-minute drive to Interstate 95 (I-95) North and South exit 41 (Hope Mills) • 8-minute drive to a major Hotel • Walking distance to Hope Mills Lake (80-acre freshwater lake) • Walking distance to public schools • Walking distance to brand new Heritage Park • 20 minutes to Fort Bragg military base • 10 minutes to Cape Fear Valley Hospital