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    622 Old Wilmington Rd Fayetteville, NC 28301

    For Sale
    $38,500

    Residential - Fayetteville, NC

    Lot size:
    0.83 Acres
    Days on Market:
    218
    Last Refresh:
    Dec 6 at 9:06 am

    Property Features for 622 Old Wilmington Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MR5 - Mixed Residential
    APN
    0436-79-7515.000
    Lot size
    0.83 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Architectural style
    Other

    MARPAI REALTY (910) 580-0183

    Listing agent MICHAEL GASKINS JR (910) 580-0183 License #303984

    Listing date May 3, 2025

    MLS# 743077 Listing URL

    Copyright © 2025 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fayetteville Mixed Residential Lot

    This 0.83-acre lot, zoned MR5 for mixed residential use, is located in Fayetteville, North Carolina. The property offers potential for investors looking to expand their portfolios. The zoning allows for the development of 20 or more units.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Law Firm Nail Salon Pharmacy Clothing Store Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.874005
    Latitude
    35.040115

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    FAQs

    What type of property is this?
    Residential land & home lot - 0.83 acre mixed residential lot with potential for 20+ units.
    Where is this residential land & home lot located?
    The property is located at 622 Old Wilmington Rd Fayetteville, NC.
    What is the asking price?
    The asking price for this property is $38,500.
    What are key features of this property?
    This property features: - Zoned mixed residential (MR5) allowing for high-density development.; - Potential to build 20+ units.; - Nice size lot.
    (910) 580-0183
    Request Owner's contact information
    622 Old Wilmington Rd Fayetteville, NC 28301
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    Fayetteville, NC 28301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    622 Old Wilmington Rd Fayetteville, NC 28301
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