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$ 295,000
Est. payment | /mo
5.77 Acres Lot
$ 295,000
Est. payment | /mo
5.77 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Shaw Hghts
MLS Listing ID 759287
HOA Y/N No
Lot Size 5.770 Acres
Acres 5.77
Property Sub-Type Residential
Property Description
5.7 ACRE Multi-Family Development Opportunity
Zoned R5 with public water and sewer available at the site. Located in Cumberland County (not annexed by Fayetteville)—potential for state and local tax incentives for housing development.
Previously planned for ~160 units of affordable housing with tax credit incentives, making this a strong opportunity for builders and developers looking to capitalize on demand.
Property is in Flood Zone X. Existing 1952 home on site of no value.
Take advantage of current market conditions and position yourself for your next development project.
Zoned R5 with public water and sewer available at the site. Located in Cumberland County (not annexed by Fayetteville)—potential for state and local tax incentives for housing development.
Previously planned for ~160 units of affordable housing with tax credit incentives, making this a strong opportunity for builders and developers looking to capitalize on demand.
Property is in Flood Zone X. Existing 1952 home on site of no value.
Take advantage of current market conditions and position yourself for your next development project.
Location
State NC
County Cumberland
Interior
Fireplace No
Exterior
Water Access Desc Public
Building
Lot Description 5-10 Acres
Sewer Public Sewer
Water Public
Others
Tax ID 0419-74-8408
Ownership More than a year
Special Listing Condition Standard
Listed by MOULTRIE AND MCCLOSKEY PROPERTIES