704 Prospect RdPembroke, NC 28372

Property Details for 704 Prospect Rd

Year built

2021

Construction

FRAME

Lot size

12.30 AC

Property size (Sq ft)

38,184 SF

Property type

Residential income properties

Property subtype

Other apartment buildings

APN

140403016

APU

140403016

Description

This 1.95-acre retail site in Pembroke, NC, presents a unique investment opportunity. Located directly across from the main campus of UNC Pembroke, this property benefits from high student population density and significant foot traffic. The site is part of a new mixed-use development incorporating 570 student housing beds, ensuring a consistent customer base. The property is ideally situated approximately 1,500 feet from the recently completed $38 million James A. Thomas Hall, the new home of the Thomas School of Business at UNCP. This prime location offers exceptional visibility and accessibility. The site is available for purchase at $400,000, or alternatively, ground lease or build-to-suit options may be considered. This presents a flexible investment opportunity tailored to meet diverse business needs. The property's proximity to a major university and its strategic placement within a thriving mixed-use development make it an attractive proposition for businesses seeking to capitalize on a robust and growing market. The substantial investment in the new James A. Thomas Hall further underscores the commitment to growth and development in this area, making this retail site a compelling investment opportunity with significant long-term potential. Serious inquiries are encouraged.

Location Insight

City

Pembroke

County

Robeson

State

North Carolina

Latitude

34.6943

Longitude

-79.1967

CBSA code

31300

CBSA name

LUMBERTON, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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