For Sale
$1,250,000

2320 Bragg BlvdSpring Lake, NC 28390

15 Acres, Hwy 24/87 Frontage

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 15.42-acre commercial land parcel presents a compelling investment opportunity in Spring Lake, North Carolina. Located on the northbound side of Highway 24/87, this property boasts 775 feet of prime highway frontage, ensuring high visibility and accessibility. Currently zoned Rural Residential (RR), this site offers significant potential for various commercial developments, subject to necessary rezoning. The property's strategic location near Fort Bragg, one of the nation's largest military installations, provides access to a substantial population base. Daily traffic counts on Highway 24/87 exceed 34,500 vehicles, indicating strong potential for commercial success. Utilities, including water and sewer, are conveniently located at the property line, simplifying development plans. The asking price is $1,250,000, translating to a land value of $1.86 per square foot. Detailed demographic data reveals a population of 41,186 within a five-mile radius, a daytime population of 60,687, an average household income of $71,320, and a median age of 26, underscoring the area's vibrant and growing market. Two existing single-family homes are currently situated on the property and are occupied. This property's combination of size, location, and accessibility makes it an ideal candidate for a wide range of commercial ventures. Further information, including a detailed story map, is available upon request.

Highlights

  • 15.42-acre land parcel for sale at $1,250,000.
  • Rural Residential (RR) zoning.
  • 775 feet of highway frontage on Hwy 24/87.
  • Utilities accessible at the property line.
  • High traffic count of 34,500 vehicles daily.

Property Details for 2320 Bragg Blvd

Property type
Land
Lot Size (sq. ft)
671,695 SF

Location Insight

City
Spring Lake
County
Cumberland
State
North Carolina
Latitude
35.2072292
Longitude
-78.9913154
2320 Bragg Blvd, Spring Lake, North Carolina

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2320 Bragg Blvd
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