$114,900
Pending

Cumberland Road

Fayetteville, NC 28306
6.74 acres | #733811
Browse 13 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Located near the bustling intersection of Cumberland Road and George Owen Road in Hope Mills, this 6.74-acre property features a two-sided billboard—one fixed and one digital—providing steady income with last year's revenue totaling $16,425.68. With annual taxes of just $938.02, the property delivers a strong NOI of $15,487.66, offering investors an attractive 13.5% cap rate. Beyond the billboard income, the property offers a fantastic value-add opportunity to subdivide the lot, potentially unlocking further possible development or recreational use. Ideal for investors seeking both immediate returns and long-term growth potential.

  • Property Details
      • Lot DescriptionFiveToTenAcres, Easement, StreamCreek, Wooded
    • Measurements
      • Acres6.74
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesNone, SewerNotAvailable, WaterNotAvailable
  • Community and Neighborhood Details
      • SubdivisionNOT IN SUBDIVISION
    • Location
      • CountyCumberland
  • Financial Details
      • Original List Price$114,900
  • Other
      • MLS #733811

Location

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Last Updated: . Source: LONGLEAF

Listing Courtesy
Listing Agent: GENE RAY (#RAYGEZ)
Listing Office: RE/MAX CHOICE (#2350)

Listing Courtesy (Buyer)
Buyer's Agent: GENE RAY (#RAYGEZ)

Alessandra CzervenyReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.