0 Cumberland Road
Fayetteville, NC 28306
6.74 acres | #LP733811
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 FeaturesWooded, Other
- Lot DescriptionWooded, Other
Measurements
- Acres6.74
Construction Details
- Property TypePurchase
Utilities / Energy Details
- Utility FeaturesNatural Gas Not Available
Community and Neighborhood Details
- ZoningC(P) - Planned Commercial
- CountyCumberland
Other
- MLS #LP733811
Location
Legal
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Last Updated: . Source: TRIANGLEMLS
Listing Courtesy
Listing Agent: GENE RAY (#LPRAYGEZ)
Listing Office: RE/MAX CHOICE (#LP2350)
Listing Courtesy (Buyer)
Buyer's Agent: GENE RAY (#LPRAYGEZ)
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.
