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- LoopNet Team
1718 Covington Dr
Fayetteville, NC 28306
Land For Sale
·
29.70 ac
INVESTMENT HIGHLIGHTS
- Strategic Location
- Over 700 feet of Road Frontage on Covington Dr.
- Expansive 29-acre property in Hope Mills.
- Nearby Retail and Utility Access
- Zoning Flexibility
- Versatile Use
PROPERTY FACTS
| Property Type | Land | Total Plot Size | 29.70 ac |
| Property Subtype | Residential | No. Floors | 2 |
| Proposed Use | |||
| Use Class | R10 & CD - Zoned R10 & CD, suitable for residential and commercial projects. | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Plot Size | 29.70 ac |
| No. Floors | 2 |
| Use Class | R10 & CD - Zoned R10 & CD, suitable for residential and commercial projects. |
DESCRIPTION
This 29-acre site offers a versatile development opportunity, positioned just behind Walgreens and directly across from a Walmart Supercenter, with additional major retail in the immediate vicinity. Approximately 14 acres of the property are situated above the 100-year old plain, making them ideal for projects such as hotels, multi-family housing, churches, or schools. Water and sewer connections are close by, though they will need to be extended to the site. Existing structures include a brick house, barns, and other dwellings, which could potentially be repurposed or cleared based on future development needs. This expansive land offers the flexibility to accommodate a range of uses, benefiting from both residential and commercial potential.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £6,734 | |
| Land Assessment | £41,294 | Total Assessment | £48,029 |
PROPERTY TAXES
