1 mile to Ft Bragg, 204 Units approved
$2,350,000 | 9.02ac
1 mile to Ft Bragg, 204 Units approved
$2,350,000 | 9.02ac
Comprehensive Due Diligence Archive for Investors
- Elevé is an entitled 9.02-acre site at 604 N. Main Street in Spring Lake, NC conditionally approved for 204 multifamily units with strong rental demand from nearby Fort Bragg.
- $11,520/unit — This is below appraised value and below market comparables
- Certified appraisal (December 2025) : Market Value of $2,438,000. Listed at $2,350,000
- No Playground Requirement - Municipal waiver eliminates a typical capital and maintenance expense, public playground and splash park .3 mile walk away.
- Utilities at the property line—water, sewer, and electric are located along the property line—minimizing off-site costs and expediting development.
Actual GIS Aerial & Approved Site Plan
