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770 Ocarina CirFayetteville, NC 28311

7.1 Acres, $70k/Acre, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 7.1-acre commercial land parcel, located at 770 Ocarina Cir, Fayetteville, NC 28311, presents a remarkable investment opportunity. Zoned SF-10, this property is ideally suited for a multifamily development project or luxury apartment complex. The land is priced at $70,000 per acre, offering a compelling value proposition for developers. Situated just off McArthur Road, the site enjoys exceptional proximity to key transportation arteries, including the Ramsey Street corridor and I-295, providing easy access to Fort Bragg, a wide array of shopping and dining options, and excellent schools. The property's strategic location ensures high visibility and convenient access for future residents. Existing utilities are already on-site, streamlining the development process and reducing upfront costs. This is a rare opportunity to acquire a large, well-located parcel in a thriving market, perfect for those seeking to capitalize on the strong demand for multifamily housing in the Fayetteville area. The price per square foot is $1.61. This Cumberland County location offers significant potential for substantial returns on investment.

Highlights

  • 7.10 Acres of commercial land in Fayetteville, NC.
  • $70,000 per acre.
  • Convenient McArthur Road location.
  • Excellent access to Ramsey Street and I-295.
  • Existing utilities on-site.
  • Ideal for multifamily development.

Property Details for 770 Ocarina Cir

Property type
Land
Lot Size (sq. ft)
309,276 SF

Location Insight

City
Fayetteville
County
Cumberland
State
North Carolina
Latitude
35.1247519
Longitude
-78.8920665
770 Ocarina Cir, Fayetteville, North Carolina

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770 Ocarina Cir
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