Red Door parcel

Vacant Land for Sale
Catylist Listing ID: 30217749
Property Subtypes: Retail, Retail-Pad, Other
Gross Land Area: 1.50 Acres
Sale Price: $150,000
Unit Price: $100,000 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/16/2018

Overview / Comments

Rectangular property one off from Hwy 401 and behind Red Door Homes office. Public water, no sewer. Adequate visibility despite one-off setting, and price is reflective of a user being able to thrive without the higher-dollar road frontage that is available in the property across the street. Topography and shape eliminate many complicated variables to buyer's build-out.

Additional Details

Nearest MSA: Fayetteville
County: Hoke
Taxing Authority: Hoke County
Tax ID/APN: 694450001487
Zoning: HC - HIGHWAY COMMERCIAL
Property Located Between: Red Door Homes office
Property Visibility: Good
Legal Description: B ENGLISH FARMS 4-9/6
Largest Nearby Street: Fayetteville Road, which is Hwy 401
Feet of Frontage: 425
Highway Access: One turn out of your drive and you are on Highway 401
Site Description: Level, good soils, rectangular
Area Description: Site is in front of established residential and behind a successful business. Premium development has matured to the east and west of this property, but has not enveloped this site yet. Thus price remains affordable while growth comes toward the site from both directions along 401
Lot Frontage: 425
Lot Depth: 150
Topography: Level
Soil Type: Sandy
Available Utilities: Electric, Water
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,295 19,170 28,791
Median Age: 26.22 31.74 31.76
Households: 1,070 6,809 10,232
The information presented herein is provided as is, without warranty of any kind. Neither Cape Fear REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.