604 N Main St
Spring Lake, NC 28390 Pine Forest

$2,350,000 USD

Land For Sale • 8.7 AC

Property Details

Property Type Land
Lot Size 8.7 AC
Zoning R-5/CZ

40 Walk Score

Description

Located 1 mile from Fort Bragg — the largest military installation in the world by population — this 9.02-acre site is conditionally approved for 204 multifamily units and ready for immediate advancement by a qualified buyer. 

The site benefits from (1) completed rezoning, (2) a favorable municipal entitlement framework, and (3) proximity to Fort Bragg, supporting long-term rental demand and absorption.

                
                    Highlights
                
                                https://www.604northmain.com  (property website)
                            
                                Priced below the December 2025 certified appraisal of $2,438,000
                            
                                $11,520/unit - Great value!
                            
                                Land appraisal included  (see attached)  
                            
                                No Playground Requirement - Municipal waiver eliminates a typical capital and maintenance expense
                            
                                Prime Military-Driven Demand  - Located approximately one mile from Fort Bragg, the largest military installation in the world by population.