5217 Marracco Dr Hope Mills, NC 28348-2640
Property profile & analytics
5217 Marracco Dr Hope Mills, NC 28348-2640
- Office buildings
- 8,000 SF
- 1.47 lot acres
Property ID
US53-0335003
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Jones & Jones Heating & AC / Hardware & Home Improvement / HVAC Service
Property Details for 5217 Marracco Dr
- Year built
- 2001
- Lot size
- 1.47 lot acres
- Property size
- 8,000 SF
- Zone code
- CP
- Property type
- Office buildings
- APN
- 0423-25-5040
- APU
- 423255040
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $929,000
- AI Estimate
- $915,000
Market price range: $736k - $1.90MMarket price range: $745k - $1.60M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,255,000 Current use
- RESTAURANT
- $1,585,000 Change: +27% Conversion: Moderate
- MEDICAL BUILDING
- $1,355,000 Change: +8% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,215,000 Change: -3% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,055,000 Change: -16% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hope Mills
- County
- Cumberland
- State
- North Carolina
- Longitude
- -78.9247
- Latitude
- 34.9452
- CBSA code
- 22180
- CBSA name
- FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,954
$85,705
$432,065
$517,770
-
$85,705
$432,065
$517,770
