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    Property profile & analytics
    OFF-MARKET Estimated value $970,000
    Office buildings

    5217 Marracco Dr, Hope Mills, NC 28348-2640

    8,000 SF 1.47 ac lot Built 2001
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US53-0335003
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2001
    Total area 8,000 SF
    Lot 1.47 ac (64,033 SF)
    Zoning code CP
    APN 0423-25-5040
    UPID US53-0335003
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Jones & Jones Heating & AC Hardware & Home Improvement HVAC Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $929k
    Blend (final) Blend
    $970k
    Owner & transaction history
    Servo Ventures Hmnc LLC · 6 yrs held
    Servo Ventures Hmnc LLC
    since 2019
    6 recorded transactions
    2019
    $1.4M
    2019
    2019
    $750,000
    2016
    1969
    1969
    Zoning & alternative use
    CP · Hope Mills, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $1.6M +26.5%
    Medical building $1.4M +8.3%
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