+/- 24 acres available. Great lakefront location along Melody Lane next to the Forest Ridge neighborhood, in Spout Springs near Walmart. Public water and sewer. Land is approved for 148 Multi Family units.
This property is offered from $80,000 to $250,000 per Acre depending on its location. Unlimited retail and multi-family potential in this growing, underserved market. 14.31 acres situated along a major four-lane divided highway with 35,000 vehicles per day (NCDOT 2018). Adjacent to Fort Bragg Military Reservation. 10,000 households with an average household income of approximately $80,000 within a 5-mile radius. Owners are willing to subdivide and recombine.
Our firm is listing ONLY 75% ownership of this property. $80,000 - $300,000 per acre Prime location with unlimited retail and multi-family potential in a very underserved trade area located more than 15 miles from major retail centers. ADT of 35,000 vehicles per day and over 10,000 existing households within 5 miles with an average income of $80,000/year. Population is growing daily. Residential construction is on fire with a recently approved 6,000 unit subdivision within 200 yards. County Long Range plan calls for commercial/mixed use. Owner willing to subdivide. Other frontage and adjacent parcels may be available. Incentives can be negotiated with County. Call Tom Lloyd for details - 910-574-3177.
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