3840 Legion Road, Hope Mills, NC 28348
SINGLE_FAMILY - Hope Mills, NC
- Added:
- Oct 22, 2025
- Days on Market:
- 234
- Last Refresh:
- Jun 12 at 3:06 am
Property Features for 3840 Legion Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- 0425-21-1045
- Size
- 1,700 SF
- Lot size
- 3.00 Acres
Taxes and HOA fees
- Tax Description
- 3 ACRES FAULKNER LD
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Electric
- Water source
- Public
Building Details
- Building materials
- Brick
Listing agent RAYMOND SHARP License #258881 (910) 987-7511
Listing office GRANT-MURRAY HOMES 150 N MCPHERSON CHURCH ROAD, FAYETTEVILLE, NC (910) 758-8322
Listing date Oct 22, 2025
Copyright © 2026 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.
HighLights
- High‑traffic location on Legion Road with approximately 200 ft of frontage
- Adaptable 1700 sq. ft. office/showroom space featuring 6 offices and 3 bathrooms
- Benefit from the 1,000 sq. ft. two‑bay workshop with roll‑up doors
- 3‑acre parcel offering potential for expansion, parking, outdoor storage, or redevelopment
- Convenient access to regional routes
- Existing structures reduce initial occupancy overhead compared to raw land
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.6k | $18.00 |
| − Vacancy | −$979 | −$0.58 |
| EGI | $29.6k | $17.42 |
| − OpEx | −$7.4k | −$4.36 |
| NOI | $22.2k | $13.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hope Mills
- County
- Cumberland
- State
- North Carolina
- Longitude
- -78.926044
- Latitude
- 34.989324