00 Southern Avenue, Fayetteville, NC 28306
MASSEY HILL · Cumberland County
Key Facts
Description
Calling all investors! Vacant lot in the heart of Fayetteville offering approximately 2.2 acres and zoned MR-5. Great potential for rental units, including townhomes, multi-family, and apartment-style development. A conceptual engineered plat for 16 townhomes has been prepared and shared with the City of Fayetteville. Preliminary feedback from the Zoning Administrator has been positive, indicating the layout appears favorable with only minor adjustments needed; supporting documentation available. Zoning allows up to 20 units per acre; however, all development is subject to city approval. A path has been cleared for easy access, allowing potential buyers to walk the property. Public utilities are available at the road. Centrally located with convenient access to I-87, approximately 1.4 miles from downtown Fayetteville, 3.8 miles from Fayetteville Regional Airport, and 2.7 miles from major retail, including Walmart. Buyer to verify zoning, soils, permitting, subdivision potential, and intended use. Hablo español.
Property Information
Property Type
Land
Lot Size
2.20 acres
Ownership
Less than a year
Days on Market
39
MLS® Listing#
761742
Property Features
Lot Features
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- Cumberland Road Elementary
- Middle:
- Douglas Byrd Middle School
- High:
- Douglas Byrd Senior High
Financial Details
Parcel Number
0436-38-3283.000
Directions
From downtown Fayetteville, take Person Street north, which becomes Ramsey Street (US-401). Turn right onto Southern Avenue and continue for approximately 0.3 miles. The property will be on the right, just past 895 Southern Avenue. Look for cleared access path. You can use the 895 Southern Avenue, Fayetteville address for your GPS. That is the house to the right of the lot.
Affordability Calculator
$38,000
Estimated monthly payment
$1,011/mo
Principal $152,000 · Est. interest $212,054 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Fayetteville, NC
- $285,390
- Median Listing Price
- 59
- Median Days on Market
- 1,727
- Median Sq Ft
- $153
- Median Price / Sq Ft
- 2,095
- Active Listings
- This home’s price is 33% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Fayetteville, NC.
Location
- 00 Southern Avenue, Fayetteville, NC 28306
Points of Interest in Fayetteville, NC
Showing the Fayetteville area map.
Nearby Schools
Hoke County High School
Secondary · 0.3 mi away
Hoke County Schools
School · 0.3 mi away
Bible Institutes of America
School · 0.5 mi away
Hoke County High School
Secondary · 0.5 mi away
J W McLauchlin Elementary
Elementary · 0.7 mi away
JW Turlington School
Secondary · 0.9 mi away
Sandhoke Early College High
Secondary School · 1.2 mi away
Upchurch Elementary School
Elementary · 1.5 mi away
West Hoke Middle School
Secondary · 1.6 mi away
Hoke County Schools
Elementary · 2.8 mi away
Scurlock Elementary School
Elementary · 2.8 mi away
Don D. Steed Elementary School
Elementary · 3.7 mi away
East Hoke Middle School
Secondary · 3.9 mi away
Hawk Eye Elementary School
Elementary · 4.5 mi away
West Hoke Elementary
Elementary · 5.5 mi away
Laurinburg District Christian School
School · 7.5 mi away
Little Red Schoolhouse Daycare
School · 7.7 mi away
Sandy Grove Elementary
Elementary · 7.8 mi away
Rockfish Hoke Elementary
Elementary · 8.0 mi away
Rockfish Christian Academy
School · 9.3 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 6561 Stillwater Drive, Fayetteville, NC | $133,900 | 3 | 2 | 1,089 |
| 6561 Stillwater Drive, Fayetteville, NC | $133,900 | 3 | 2 | 1,089 |
| 416 Kirkcaldy Court, Fayetteville, NC | $134,000 | 3 | 3 | 1,211 |
| 1905 Harris Street, Fayetteville, NC | $134,000 | 3 | 2 | 1,346 |
| 416 Kirkcaldy Court, Fayetteville, NC | $134,000 | 3 | 3 | 1,211 |
| 224 Waterdown Drive 11, Fayetteville, NC | $135,000 | 2 | 2 | 1,118 |
Moving Cost Estimate
EXIT Agents in Fayetteville
Listing Courtesy: EXP REALTY LLC - 8885849431
The listing broker’s offer of compensation is made only to participants of the multiple listing service where the listing is filed.