660 Service Rd Southern Pines, NC 28387
Exceptional development opportunity in Southern Pines, North Carolina, presents 2.837 acres of commercially zoned land (OS - Office Services). This high-visibility property is ideally situated near the Morganton Road off-ramp from US-1, providing convenient access to a thriving retail corridor anchored by national brands such as Target, Lowe's Foods, Walgreens, and Dick's Sporting Goods. Its proximity to the burgeoning Morganton Road medical area and the vibrant downtown Southern Pines HUB further enhances its appeal. Conceptual drawings envision a mixed-use development incorporating residential and office spaces. The property comprises five parcels (APN: 96000398, 00039171, 00033309, 00039172, 20190151) totaling approximately 2.837 acres, offering significant potential for a variety of projects. The asking price is $1,500,000. This is a rare opportunity to acquire a strategically located parcel in a rapidly growing area of Moore County. The property's high visibility and convenient access make it an attractive investment for developers seeking to capitalize on the region's robust economic growth.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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