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604 N Main St 8.7 Acres of Commercial Land Offered at $2,650,000 in Spring Lake, NC 28390
INVESTMENT HIGHLIGHTS
- Entitled for 204 units - Conditional rezoning approved with density maximized under current ordinance.
- Land appraisal included
- Suitable for market-rate, workforce, or affordable housing execution (LIHTC)
- Prime Military-Driven Demand - Located approximately one mile from Fort Bragg, the largest military installation in the world by population.
- No Playground Requirement - Municipal waiver eliminates a typical capital and maintenance expense
- Bids due by, 19 Feb 2026
EXECUTIVE SUMMARY
Great opportunity to acquire an entitled 9.02-acre multifamily development site in Spring Lake, NC with conditional approval for 204 units strategically located between the Fort Bragg and Cameron traffic corridor! Makes for a short commute to Cameron or Fort Bragg as it splits the time in half to either destination.
Situated in the heart of Spring Lake, NC, the property is approximately 1 mile from a primary entrance to Fort Bragg, creating exceptional demand potential for multifamily use. Fort Bragg—recognized as the largest military installation in the world by population (50,000+) —supports a vast and stable base of residents, including tens of thousands of active-duty service members, their families, civilian personnel, and on-site contractors.
Property is for sale by owner (FSBO) and will be sold via the "Make Offer" bid process detailed on property website- https://604northmain.com/make-an-offer
Bids will be accepted through February 2026 per the website.
Please review our property website as it contains a plethora of data and important links crucial to your due diligence efforts.
PROPERTY FACTS
| Price | $2,650,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 8.70 AC |
| Property Type | Land | ||
| Zoning | R-5/CZ - Residential District/Conditional Zoning applicable to 9.02 +/- acres located at 604 N. Main St and the abutting parcel located at the northeast corner | ||
| Price | $2,650,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 8.70 AC |
| Zoning | R-5/CZ - Residential District/Conditional Zoning applicable to 9.02 +/- acres located at 604 N. Main St and the abutting parcel located at the northeast corner |
1 LOT AVAILABLE
Lot
| Price | $2,650,000 | Lot Size | 8.70 AC |
| Price Per AC | $304,597.70 |
| Price | $2,650,000 |
| Price Per AC | $304,597.70 |
| Lot Size | 8.70 AC |
Sale includes adjoining .30 acre parcel (0501-67-4645). Main 8.72 acre & adjoining parcel both zoned high density residential and conditionally approved for 204 units (two 4-story buildings & three 3-story buildings). Utilities present on frontage.
DESCRIPTION
Rezoned multifamily development site approved for up to 204 residential units in the Spring Lake, NC, approximately one mile from Fort Liberty. Conditional zoning in place establishes use and density, with remaining approvals limited to final site plan, stormwater, and driveway permits. Entitlement framework allows a buyer to advance final design and approvals while preserving flexibility for layout and cost optimization. This offering presents an opportunity to acquire an entitled multifamily development site in a high-demand submarket of Cumberland County. The site benefits from completed rezoning, a favorable municipal entitlement framework, and proximity to Fort Liberty, supporting long-term rental demand and absorption. The project is positioned for immediate advancement by a qualified buyer, with entitlement risk substantially mitigated.
Presented by
A. Edwards
604 N Main St
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