Cliffdale Apartment site
Vacant Land
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30660657 |
| Property Subtypes: |
Multi-Family
|
| Status: |
Pending/Contingent |
| Gross Land Area: |
18 - 18.20 Acres
|
| Sale Price: |
$1,350,000 - 1,363,500 |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/24/2021 |
Overview / Comments
|
This parcel sits in the heart of proven multi-family developments. The zoning code is the most dense achievable in City of Fayetteville. 3 times deeper than wide, but the 350' of Cliffdale frontage is highly visible and easily accessible. The shape is almost exactly rectangular.
|
Additional Details
| Nearest MSA: |
Fayetteville |
| County: |
Cumberland |
| Taxing Authority: |
City of Fayetteville |
| Tax ID/APN: |
9487366817000 |
| Zoning: |
MR-5 |
| Property Located Between: |
Hoke Loop Rd and Rim Road |
| Property Visibility: |
Excellent |
| Legal Description: |
R A PATE EST LO7 SE01 PL0038-0075 |
| Largest Nearby Street: |
Rim Road |
| Feet of Frontage: |
350 |
| Highway Access: |
I-295 is 1.6 miles away |
| Site Description: |
Mostly level, mostly in 4 yr old longleaf pines |
| Area Description: |
Many rooftops and proven multifamily locale with I-295, Lowe's, WalMart, Chickfila, and Aldi within five a minute drive. |
| Lot Frontage: |
350 |
| Lot Depth: |
1000 |
| Zoning Description: |
MR-5, densest multi-family achievable in the City of Fayetteville |
| Topography: |
Gently Sloping |
| Soil Type: |
Sandy |
| Available Utilities: |
Electric, Water |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,631 |
46,955 |
112,323 |
| Median Age: |
28.65 |
29.78 |
30.48 |
| Households: |
3,784 |
17,594 |
42,296 |
|
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