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Morganton Rd - Morganton Rd Multi-Family/Commercial Tract
18.83 Acres of Residential Land Offered at £788,211 in Fayetteville, NC 28303
Investment Highlights
- Multi-family land adjacent to a shopping center and school.
Executive Summary
Data Room Click Here to Access
- Purchase Agreement
Property Facts
| Price | £788,211 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 18.83 AC |
| Price | £788,211 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 18.83 AC |
1 Lot Available
Lot
| Price | £788,211 | Lot Size | 18.83 AC |
| Price Per AC | £41,859 |
| Price | £788,211 |
| Price Per AC | £41,859 |
| 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 | £556,920 | Total Assessment | £556,920 |
PROPERTY TAXES
zoning
| Zoning Code | MR-5 & NC |
| MR-5 & NC |
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Power Broker Alex Keith -
Tom Keith & Associates
Presented by
Morganton Rd - Morganton Rd Multi-Family/Commercial Tract
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