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604 N Main St 8.7 Acres of Commercial Land Offered at $3,650,985 CAD in Spring Lake, NC 28390
INVESTMENT HIGHLIGHTS
- Entitled for 204 units
- Land appraisal included
- High scoring LIHTC attributes
- Located between Fort Bragg and Cameron, beat the traffic!!
- Excellent multifamily customer base
- Bids due by, 19 Feb 2026
EXECUTIVE SUMMARY
Rare opportunity to acquire an entitled 9.02-acre multifamily development site in Spring Lake, NC with conditional approval for 204 units strategically located between the Fort Bragg and Cameron traffic corridor! Makes for a short commute to Cameron or Fort Bragg as it splits the time in half to either destination.
Situated in the heart of Spring Lake, NC, the property is approximately 1 mile from a primary entrance to Fort Bragg, creating exceptional demand potential for multifamily use. Fort Bragg—recognized as the largest military installation in the world by population (50,000+) —supports a vast and stable base of residents, including tens of thousands of active-duty service members, their families, civilian personnel, and on-site contractors.
Property is for sale by owner (FSBO) and will be sold via the "Make Offer" bid process detailed on property website- https://604northmain.com/make-an-offer
Bids will be accepted through February 2026 per the website.
Please review our property website as it contains a plethora of data and important links crucial to your due diligence efforts.
PROPERTY FACTS
| Price | $3,650,985 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 8.70 AC |
| Property Type | Land | ||
| Zoning | R-5/CZ - Residential District/Conditional Zoning applicable to 9.02 +/- acres located at 604 N. Main St and the abutting parcel located at the northeast corner | ||
| Price | $3,650,985 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 8.70 AC |
| Zoning | R-5/CZ - Residential District/Conditional Zoning applicable to 9.02 +/- acres located at 604 N. Main St and the abutting parcel located at the northeast corner |
1 LOT AVAILABLE
Lot
| Price | $3,650,985 CAD | Lot Size | 8.70 AC |
| Price Per AC | $419,653.39 CAD |
| Price | $3,650,985 CAD |
| Price Per AC | $419,653.39 CAD |
| Lot Size | 8.70 AC |
Sale includes adjoining .30 acre parcel (0501-67-4645). Main 8.72 acre & adjoining parcel both zoned high density residential and conditionally approved for 204 units (two 4-story buildings & three 3-story buildings). Utilities present on frontage.
DESCRIPTION
The preliminary site plan has been approved for 204 units and final site plan needs to be submitted along with survey and recombination plat per the zoning conditions. Due diligence documents including unregistered surveys and zoning conditions can be found at the property website https://604NorthMain.com Density was maximized for this lot by utilizing a standard payment-in-lieu option in the Spring Lake municipal code removing the on-site recreation requirement. As a result the property is not required to provide its own playground since a public playground and splash park are conveniently located .3 miles away. See "Density Calculations" on property website for details on density or view the "Site Plan".
Presented by
A. Edwards
604 N Main St
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