Chicken Foot Rd Hope Mills, NC 28348
- Land
- 60.50 lot acres
Current Use by Public Records
- Land
Property Details for 0 Chicken Foot Rd
- Lot size
- 60.50 lot acres
- Property type
- Land
Description
This exceptional commercial land offering in Hope Mills, NC, presents a unique investment opportunity. The property comprises four lots totaling approximately 60.5 acres, strategically located near the intersection of I-95 and Highway 59 in Cumberland County. Lot 1 encompasses over 55 acres, with the potential for expansion up to 79 acres. This expansive lot benefits from exceptional visibility and accessibility, boasting daily traffic counts exceeding 38,000 vehicles on I-95 and 18,500 on Highway 59. The area is experiencing significant growth, evidenced by new residential developments and schools nearby. Utilities, including water, sewer, and natural gas, are readily available. Lots 2 and 3 offer smaller, high-visibility parcels of 1.89 and 2.2 acres respectively, ideally suited for smaller commercial ventures. Lot 2 is currently maintained by Bojangles and enjoys convenient paved access. Lot 3 is situated along the northbound I-95 exit ramp, ensuring maximum exposure. Lot 4, a substantial 30-acre parcel, provides excellent access from Chickenfoot Road and Marracco Road, accommodating even large trucks. All lots are zoned commercial and can be subdivided to meet specific development needs. The asking price for the entire property is $485,000. This presents a compelling opportunity for developers seeking to capitalize on the area's rapid growth and high traffic volume. Recent road improvements and the addition of a traffic light further enhance the site's commercial viability.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hope Mills
- County
- Cumberland
- State
- North Carolina
- Longitude
- -78.9005
- Latitude
- 34.8999