0 Cumberland Road
Fayetteville, NC 28306
- – beds
- – baths
- – sqft
- ~7 acre lot
- – on site
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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.
Last checked:
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Last updated Apr 27, 2025
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MLS# LP733811 —
The Building
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Building Area Units:Square Feet
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Above Grade Finished Area Units:Square Feet
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Below Grade Finished Area Units:Square Feet
Room Dimensions
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Living Area Units:Square Feet
Location
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Latitude:35.0128857
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Longitude:-78.9409714
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Coordinates:-78.9409714, 35.0128857
The Property
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Property Type:Land
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Lot Features:Wooded
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Zoning:C(P) - Planned Commercial
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Parcel Number:0405668151.000
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Lot Size Acres:6.74
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Lot Size Area:6.74
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Lot Size SqFt:293594.4
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Lot Size Units:Acres
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Road Frontage Type:Easement
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View:true
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Waterfront:true
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Waterfront Features:Creek
Listing Agent
- Contact info:
- Agent phone:
- (910) 670-9527
- Office phone:
- (910) 483-7500
The Listing
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Special Listing Conditions:Standard
Utilities
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Utilities:Natural Gas Not Available
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Sewer:None
The Community
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Pool Private:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/25/24
Nov 25, 2024
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Sold | DMLS | $115,000 | 0.1% |
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10/23/24
Oct 23, 2024
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Pending | DMLS | $114,900 | |
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10/23/24
Oct 23, 2024
|
Listed / Active | DMLS | $114,900 |
