$380,000
Est. payment /mo
New
1600 Easterling DR Spring Lake, NC 28390
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Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Spring Lake
MLS Listing ID 761266
HOA Y/N No
Year Built 1937
Property Sub-Type Other
Property Description
Located within one of Spring Lake's evolving residential growth corridors near Fort Liberty, 1600 Easterling Drive presents a rare opportunity to acquire an existing residential asset positioned on approximately 0.8± acres with both current utility and long-term strategic upside potential.
The property currently consists of an established residential cluster operating under legacy non-conforming conditions, creating a unique scenario for investors, developers, or visionary operators seeking assets with future refinement and repositioning potential. The existing residential footprint, combined with surrounding growth patterns and the property's overall layout, may present opportunities for a purchaser with land planning, entitlement, redevelopment, or infill development vision to explore enhanced future use possibilities subject to independent due diligence and municipal approvals.
Beyond the existing income-producing utility, the true value proposition lies in the property's potential adaptability within a market experiencing continued housing demand, infrastructure expansion, and long-term regional growth tied to the Fort Liberty corridor and greater Cumberland County area.
Whether viewed as a long-term hold, residential repositioning opportunity, redevelopment candidate, or strategic land play, 1600 Easterling Drive offers a compelling blend of existing residential use, future flexibility, and upside potential that is increasingly difficult to find within established growth markets.
Buyer to independently verify all zoning, land use, infrastructure, development, entitlement, utility, and future use considerations. Property is offered as-is.
The property currently consists of an established residential cluster operating under legacy non-conforming conditions, creating a unique scenario for investors, developers, or visionary operators seeking assets with future refinement and repositioning potential. The existing residential footprint, combined with surrounding growth patterns and the property's overall layout, may present opportunities for a purchaser with land planning, entitlement, redevelopment, or infill development vision to explore enhanced future use possibilities subject to independent due diligence and municipal approvals.
Beyond the existing income-producing utility, the true value proposition lies in the property's potential adaptability within a market experiencing continued housing demand, infrastructure expansion, and long-term regional growth tied to the Fort Liberty corridor and greater Cumberland County area.
Whether viewed as a long-term hold, residential repositioning opportunity, redevelopment candidate, or strategic land play, 1600 Easterling Drive offers a compelling blend of existing residential use, future flexibility, and upside potential that is increasingly difficult to find within established growth markets.
Buyer to independently verify all zoning, land use, infrastructure, development, entitlement, utility, and future use considerations. Property is offered as-is.
Location
State NC
County Cumberland
Interior
Fireplace No
Exterior
Water Access Desc Public
Building
Sewer Septic Tank
Water Public
Others
Tax ID 9592-93-5903.000
Ownership Private Owner
Special Listing Condition None
Listed by THE ENTENTE REAL ESTATE GROUP
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