1170 McNeill Hobbs Rd

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1170 McNeill Hobbs Rd

Bunnlevel, NC 28323
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel currently offered for sale in Bunnlevel.
  • Located within the active Lillington growth market of North Carolina.
  • Strategic site positioned for potential residential housing development projects.
  • Property address is 1170 McNeill Hobbs Rd in ZIP code 28323.
  • Well-suited for developers seeking expansion in the regional corridor.

What's Special

This residential land parcel at 1170 McNeill Hobbs Rd in Bunnlevel, North Carolina, is currently for sale and suitable for residential development. The property sits within the Lillington growth market, a region that continues to see increased activity as the surrounding area develops. Its location offers accessibility for those looking to capitalize on land expansion in this part of the state. Investors and developers will find this tract provides a strategic entry point for housing projects aimed at meeting regional demand for new residential units. The site layout supports various configuration options for builders and private owners alike, making it a viable candidate for single-family or multi-unit residential planning. Given the ongoing expansion trends in the local submarket, this acquisition represents a clear path for residential growth in a developing corridor of the region.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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