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1718 Covington Dr
Fayetteville, NC 28306

Land For Sale · 29.00 AC

Investment Highlights

  • Strategic Location
  • Utility Access
  • Expansive 29-acre property in Hope Mills.
  • Nearby Retail
  • Zoning Flexibility
  • Versatile Use

Executive Summary

This 29-acre property provides a rare opportunity for investors and developers to capitalize on its strategic location and versatile zoning. With its proximity to major retailers and 14 acres of buildable land above the floodplain, the site is well-suited for diverse projects, from hospitality and housing to educational and religious facilities. Its combination of prime location, utility access, and existing structures makes it a promising canvas.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 29.00 AC

1 Lot Available

Lot

Lot Size 29.00 AC

Versatile 29-acre site in Hope Mills, offering exceptional development opportunities for residential and commercial projects. Price TBD.

Description

This 29-acre site offers a versatile development opportunity, positioned just behind Walgreens and directly across from a Walmart Supercenter, with additional major retail in the immediate vicinity. Approximately 14 acres of the property are situated above the 100-year old plain, making them ideal for projects such as hotels, multi-family housing, churches, or schools. Water and sewer connections are close by, though they will need to be extended to the site. Existing structures include a brick house, barns, and other dwellings, which could potentially be repurposed or cleared based on future development needs. This expansive land offers the flexibility to accommodate a range of uses, benefiting from both residential and commercial potential.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0404-99-6736
  • 0405-80-8339
Land Assessment
£29,603
Improvements Assessment
£7,991
Total Assessment
£37,594

zoning

Zoning Code R10 & CD (Zoned R10 & CD, suitable for residential and commercial projects.)
R10 & CD (Zoned R10 & CD, suitable for residential and commercial projects.)
  • Listing ID: 34111846

  • Date on Market: 06/12/2024

  • Last Updated:

  • Address: 1718 Covington Dr, Fayetteville, NC 28306

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