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Chris Pappalardo

Owner | The Chris Pappalardo Team | KW One

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1135 Shaw Rd , Fayetteville, NC 28311
$265,000
Est. Payment: $588.89/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 180
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LP30530 - LPSMITAD
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

5.7 ACRE Multi-Family Development OpportunityZoned R5 with public water and sewer available at the site. Located in Cumberland County (not annexed by Fayetteville)—potential for state and local tax incentives for housing development.Previously planned for ~160 units of affordable housing with tax credit incentives, making this a strong opportunity for builders and developers looking to capitalize on demand.Property is in Flood Zone X. Existing 1952 home on site of no value.Take advantage of current market conditions and position yourself for your next development project.
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Highlights

Listed by ANTHONY SMITH , 706-718-0071 MOULTRIE AND MCCLOSKEY PROPERTIES , 910-723-3330.

Property Type

Vacant Land
Lot/Acreage
5.77

County

Cumberland

Listing ID

LP759287

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features
Principal Interest
$589
Taxes
$169

Home Price

$265,000

Loan Details

30 yrs
%

Down Payment

20%
$53,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$588.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $588.89 $168.94 $0.00 $757.83
Yearly $7,066.67 $2,027.25 $0.00 $9,093.92
Total $212,000.00 $60,817.50 $0.00 $272,817.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Fayetteville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.