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    1277 Chicken Foot Rd Hope Mills, NC 28348

    For Sale
    $340,000

    0.83-acre lot, ready to build, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 0.83-acre commercial land parcel presents a remarkable investment opportunity in the thriving Gray's Creek area of Hope Mills, North Carolina. Located at 1277 Chicken Foot Rd, zip code 28348, this property boasts a highly desirable location with excellent visibility and convenient access. Zoned CPCU, it's ready for immediate development. The asking price is $340,000, translating to a land value of $9.40 per square foot. Significant advantages include existing water and sewer connections, eliminating costly infrastructure hurdles. Furthermore, paved parking is already in place, adding immediate convenience and value. Situated within minutes of Interstate 95, this property benefits from exceptional accessibility and exposure to a large regional market. The Gray's Creek area is experiencing rapid growth, making this a strategic investment in a high-demand location. Don't miss this chance to acquire a prime commercial lot poised for significant return.

    Property Features for 1277 Chicken Foot Rd

    General Information

    Property type
    Land
    Lot Size
    36,155 SF

    HighLights

    • 0.75‑acre lot.
    • Minutes from I‑95.
    • Build‑ready site.
    • Attractively priced.
    • High visibility, excellent location.
    • Located in the rapidly developing Gray's Creek area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Pharmacy Department Store Grocery Store Bar & Pub Discount Store Convenience Store Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Hope Mills
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.909806
    Latitude
    34.925674

    Nearby Comparable

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      32.50 Acres

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      125,849.00 Acres

      Hope Mills Commercial Land Portfolio

      Three prime commercial lots, high-growth area.
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      32.50 Acres

      Hope Mills Commercial Land

      32.5 Acres, Prime Commercial Location
      0 Chicken Foot Rd, Hope Mills, NC 28348
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    • Contact for pricing
      11.40 Acres

      Prime Commercial Land in Hope Mills, NC

      11.4 Acres, C-3 Zoning, High Visibility
      5070 Us Highway 301, Hope Mills, NC 28348
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    FAQs

    What type of property is this?
    Land - 0.83-acre lot, ready to build, prime location.
    Where is this land located?
    The property is located at 1277 Chicken Foot Rd Hope Mills, NC.
    What is the asking price?
    The asking price for this property is $340,000.
    What are key features of this property?
    This property features: 0.75-acre lot.; Minutes from I-95.; Build-ready site.
    Request Owner's contact information
    1277 Chicken Foot Rd Hope Mills, NC 28348
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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
    1277 Chicken Foot Rd Hope Mills, NC 28348
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