2320 Bragg Blvd Spring Lake, NC 28390

Property Details for 2320 Bragg Blvd

Lot size

15.42 lot acres

Property type

Commercial real estate

Description

This exceptional 15.42-acre commercial land parcel presents a compelling investment opportunity in Spring Lake, North Carolina. Located on the northbound side of Highway 24/87, this property boasts 775 feet of prime highway frontage, ensuring high visibility and accessibility. Currently zoned Rural Residential (RR), this site offers significant potential for various commercial developments, subject to necessary rezoning. The property's strategic location near Fort Bragg, one of the nation's largest military installations, provides access to a substantial population base. Daily traffic counts on Highway 24/87 exceed 34,500 vehicles, indicating strong potential for commercial success. Utilities, including water and sewer, are conveniently located at the property line, simplifying development plans. The asking price is $1,250,000, translating to a land value of $1.86 per square foot. Detailed demographic data reveals a population of 41,186 within a five-mile radius, a daytime population of 60,687, an average household income of $71,320, and a median age of 26, underscoring the area's vibrant and growing market. Two existing single-family homes are currently situated on the property and are occupied. This property's combination of size, location, and accessibility makes it an ideal candidate for a wide range of commercial ventures. Further information, including a detailed story map, is available upon request.