Chicken Foot Road and Sandhill Road

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Chicken Foot Road and Sandhill Road

Hope Mills, NC 28348
Asking Price
$2.00M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • The 3.19-acre property is currently offered for sale at $1,999,000.
  • The land is positioned at the intersection of Chicken Foot and Sandhill roads.
  • This commercial development site is situated within the Hope Mills city limits.
  • The location serves the expanding residential population of the Fayetteville metropolitan area.
  • The parcel supports diverse commercial uses including potential retail or office development.

What's Special

Priced at $1,999,000, this 3.19-acre commercial land parcel sits at the intersection of Chicken Foot Road and Sandhill Road in Hope Mills, North Carolina. This site provides a development foundation in a growing suburban market within the Fayetteville metropolitan area. The area features a mix of residential growth and increasing commercial demand, supporting various business models looking to establish a footprint in this corridor. Investors and developers may find this asset suitable for retail, office, or service-oriented projects that benefit from the visibility provided by the junction of two active roadways. Its location within the 28348 zip code positions the land to serve the expanding population base of Hope Mills, which continues to attract new businesses and residents seeking convenience and accessibility in the region.

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NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.45%
Monthly Payment
$9,889.961
Annual Cash Flow
$-38,679.536

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