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Residential Land for Sale in Fayetteville, North Carolina

Southern Ave, Fayetteville, NC 28306

$175,000
2.2 acres
Active sale
$5k drop
Est $1,278/mo

*LAND FOR APARTMENTS/MULTI-FAMILIES/TOWNHOUSES* MOTIVATED SELLER! 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. Buyer to verify zoning, soils, permitting, subdivision potential, and intended use. Hablo espanol.

Location

Street address
Southern Ave
Zip code
28306
Community
Massey Hill
Elevation
151 feet
Coordinates
35.0368, -78.8893

Directions

From downtown Fayetteville, take Person Street north, which becomes Ramsey Street (US-401). Turn right onto Southern Avenue and continue for approximately 0.3 miles. The property will be on the right, just past 895 Southern Avenue. Look for cleared access path. You can use the 895 Southern Avenue, Fayetteville address for your GPS. That is the house to the right of the lot.

Property details

Acreage
2.2 acres
Zoning
MR5 - Mixed Residential
MLS #
FAR 761742
Posted

Parcels

  • 0436-38-3283.000

Details and features

Listing

Type
Land

Lot

Vegetation
Wooded
Features
Two to Three Acres

Structure

Water
Public
Sewer
Public Sewer

Nearby schools

NameType
Cumberland Road ElementaryElementary
Douglas Byrd Middle SchoolMiddle
Douglas Byrd Senior HighHigh

Listing history

DateEventPriceChangeSource
Sept 10, 2026Price drop$175,000$5,000 -2.8%FAR
Sept 1, 2026Price drop$180,000$5,000 -2.7%FAR
July 26, 2026Price drop$185,000$5,000 -2.6%FAR
June 11, 2026Price drop$190,000$10,000 -5%FAR
May 2, 2026New listing$200,000FAR
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This 2.2-acre property is located at Southern Ave in Fayetteville, NC 28306. The land is available for sale, priced at $175,000 — $79,545 per acre.

Listed by eXp Realty, (888) 584-9431

Checked 2 hours agoUpdated Source

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