(864) 362-2375
$170,000
00 Southern Avenue, Fayetteville, NC 28306
0Baths
2.2Acres
About This Home
*LAND FOR APARTMENTS/MULTI-FAMILIES/TOWNHOUSES*SELLER FINANCING AVAILABLE! $3K IN SELLER CONCESSIONS! CALLING ALL INVESTORS! Excellent opportunity to develop approximately 2.2 acres in the heart of Fayetteville, zoned MR-5 and well-positioned for much-needed housing options. The zoning allows townhomes, multifamily, and apartment-style development, making this property especially attractive for rental or attainable housing projects.A conceptual engineered layout for 16 townhomes has already been shared with the City of Fayetteville and received positive preliminary feedback from the Zoning Administrator, with only minor adjustments noted. The seller has also prepared a separate conceptual plan for a 30-unit apartment development featuring smaller 2-bedroom, 2-bath units. The City has indicated the property may accommodate up to 40 units, subject to all applicable reviews and approvals. Supporting documents and conceptual plans are available upon request.A cleared path allows buyers to easily walk the property, and public utilities are available at the road. Conveniently located approximately 1.4 miles from downtown Fayetteville, 3.8 miles from Fayetteville Regional Airport, 2.7 miles from Walmart and major retail, with easy access to I-87.MOTIVATED SELLER!Buyer to verify zoning, soils, permitting, subdivision potential, and intended use. Hablo español.
Location
Key Facts
Status: Active
Type: Land
HOA Fees: Not provided
MLS: Doorify
MLS #: LP761742
Features
Other
Mortgage Calculator
$860Estimated monthly payment
Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.
History
Current list price: $170,000
Status: Active — For Sale
Recent change: Price reduced
Days on market: 157
Last updated: Oct 6, 2026
Schools
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Listing courtesy of EXP REALTY LLC
Source MLS #: LP761742
Last updated: Oct 6, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.