Property summary
This exceptional 40.71-acre commercial land parcel presents a unique investment opportunity in Spring Lake, North Carolina. Strategically located on W Manchester Rd, this property boasts convenient access to key amenities and infrastructure. The site is ideally positioned near shopping centers and the Post, offering immediate proximity to a substantial consumer base. Furthermore, its close proximity to a lighted intersection ensures high visibility and accessibility. The property's zoning is a blend of commercial and residential designations. A significant portion, encompassing 30.98 acres, is zoned RR (Rural Residential), while a smaller section of 9.73 acres is designated M(P) (Planned Industrial District). This dual zoning allows for a variety of development possibilities, catering to diverse commercial and residential needs. The availability of water and sewer services further enhances the property's development potential, simplifying infrastructure integration for future projects. The asking price for this expansive tract is $400,000. Given its size, location, and zoning flexibility, this property represents a compelling investment opportunity for developers and investors seeking a foothold in the thriving Cumberland County market. The property's proximity to Fort Bragg Gate adds significant value, given the substantial population and economic activity associated with the military base.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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