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Morganton Rd - Morganton Rd Multi-Family/Commercial Tract 18.83 Acres of Residential Land Offered at $750,000 in Fayetteville, NC 28303
Investment Highlights
- Multi-family land adjacent to a shopping center and school.
- +- 1300 square feet of frontage on Morganton Rd.
Executive Summary
Data Room Click Here to Access
- Purchase Agreement
Property Facts
| Price | $750,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 18.83 AC |
| Property Type | Land | ||
| Zoning | MR-5 & NC - Multi-family and Neighborhood Center | ||
| Price | $750,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 18.83 AC |
| Zoning | MR-5 & NC - Multi-family and Neighborhood Center |
1 Lot Available
Lot
| Price | $750,000 | Lot Size | 18.83 AC |
| Price Per AC | $39,830.06 |
| Price | $750,000 |
| Price Per AC | $39,830.06 |
| Lot Size | 18.83 AC |
This 18.83± acre lightly sloping site with approximately 6.55± acres consisting of the 100 year Floodplain and Hydric Soils, leaving approximately 12.28 Useable Acres. There is a sewer main running through the middle of the property.
Description
This mixed use site has approximately 12.28± useable acres and sits directly on Morganton Road with a corner location adjacent to a shopping center, as well as the Westover Middle School and Recreation Center. This property could be utilized for commercial and/or multi-family, and with a fairly easy zoning change could house many more units. This 18.83± acre lightly sloping site with approximately 6.55± acres consisting of the 100 year Floodplain and Hydric Soils, leaving approximately 12.28 Useable Acres. There is a sewer main running through the middle of the property.
Property Taxes
| Parcel Number | 0408-14-9306 | Improvements Assessment | $0 |
| Land Assessment | $812,375 | Total Assessment | $812,375 |
Property Taxes
Presented by
Morganton Rd - Morganton Rd Multi-Family/Commercial Tract
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