5217 Marracco Dr, Hope Mills, NC 28348-2640
This exceptional 19.64-acre commercial land parcel presents a unique investment opportunity in Hope Mills, North Carolina. Located at 5217 Marracco Drive, this property boasts over 550 feet of road frontage on Marracco Drive and also fronts Skinner Road, ensuring high visibility and accessibility. The land features a flat topography, making it ideal for a variety of commercial developments. Currently zoned C(P), it's ready for immediate development. Water and sewer services are readily available nearby. The property benefits significantly from its strategic location between I-95 Business and Bypass, providing excellent access to major transportation routes. Furthermore, a significant road improvement project is underway, including a realignment of Marracco Drive and the installation of a traffic light at the intersection of the new Marracco Drive and Chickenfoot Road. This infrastructure enhancement will dramatically increase the property's value and accessibility, making it even more attractive to potential tenants and buyers. The asking price is $3,928,000, translating to $4.59 per acre. This prime location is suitable for a wide range of commercial uses, including hotels, fast-food restaurants, strip centers, and grocery stores. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area. The property is situated in Cumberland County, North Carolina, with a zip code of 28348.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CP · Hope Mills, NCHope Mills. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.