5.7 ACRE Multi-Family Development Opportunity
Zoned R5 with public water and sewer available at the site. Located in Cumberland County (not annexed by Fayetteville)—potential for state and local tax incentives for housing development.
Previously planned for ~160 units of affordable housing with tax credit incentives, making this a strong opportunity for builders and developers looking to capitalize on demand.
Property is in Flood Zone X. Existing 1952 home on site of no value.
Take advantage of current market conditions and position yourself for your next development project.
Lot/land
Price cut: $30K (7/28)
$265,000
1135 Shaw Rd, Fayetteville, NC 28311
--beds
0baths
5.77Acres
Unimproved Land
Built in ----
5.77 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 137 days |
- 38 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
ANTHONY SMITH,
MOULTRIE AND MCCLOSKEY PROPERTIES
Source: LPRMLS,MLS#: 759287
Originating MLS: Longleaf Pine Realtors
Originating MLS: Longleaf Pine RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 5.77 Acres
- Features: 5-10 Acres
Details
- Parcel number: 0419748408
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Shaw Hghts
Location
- Region: Fayetteville
Financial & listing details
- Tax assessed value: $273,400
- Annual tax amount: $2,171
- Date on market: 3/21/2026
- Cumulative days on market: 137 days
- Ownership: More than a year
Estimated market value
Not available
Estimated sales range
Not available
$1,079/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Price change | $265,000-10.2% |
Source:  LPRMLS #759287 Report a problem | ||
| 5/18/2026 | Listed for sale | $295,000-50.8% |
Source: LPRMLS #759287 Report a problem | ||
| 9/26/2023 | Listing removed | -- |
Source:  Doorify MLS #2516193 Report a problem | ||
| 6/14/2023 | Listed for sale | $600,000-5.5% |
Source: Doorify MLS #2516193 Report a problem | ||
| 4/1/2023 | Listing removed | -- |
Source:  Hive MLS #100349420 Report a problem | ||
| 9/15/2022 | Listed for sale | $635,000+239.6% |
Source: Doorify MLS #2474259 Report a problem | ||
| 3/25/2021 | Sold | $187,000+73.6% |
Source: Public Record Report a problem | ||
| 12/20/2020 | Listed for sale | $107,700 |
Source: Tranzon Fox Auctions #2358685 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,171 +62.5% | $273,400 +153.9% |
| 2024 | $1,336 +5.9% | $107,700 |
| 2023 | $1,262 +6.2% | $107,700 |
| 2022 | $1,188 | $107,700 |
| 2021 | $1,188 | $107,700 +3.3% |
| 2020 | -- | $104,309 -3.1% |
| 2019 | $1,188 +3.5% | $107,700 |
| 2018 | $1,148 | $107,700 |
| 2017 | $1,148 +14.1% | $107,700 +6.9% |
| 2016 | $1,006 | $100,775 |
| 2015 | $1,006 | $100,775 |
| 2014 | $1,006 | $100,775 |
| 2013 | $1,006 | $100,775 |
| 2012 | $1,006 | $100,775 |
| 2011 | $1,006 | $100,775 |
| 2010 | -- | $100,775 |
| 2009 | -- | $100,775 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 28311
Nearby schools
GreatSchools rating
- 3/10Westarea ElementaryGrades: PK-5Distance: 1.8 mi
- 6/10Spring Lake MiddleGrades: 6-8Distance: 4.4 mi
- 7/10Pine Forest HighGrades: 9-12Distance: 4.5 mi
- $8,1003 bd2 ba1.1k sqft1109 Shaw Rd, Fayetteville, NC 28311Off Market
- $142,7002 bd2 ba983 sqft1149 Alco Cir, Fayetteville, NC 28311Off Market
- $9,00010,018 sqft5725 Peele St, Fayetteville, NC 28311Off Market
- $6,550-- bd-- ba1.1k sqft1101 Shaw Rd, Fayetteville, NC 28311Off Market
- $20,152-- bd-- ba1.5k sqft1105 Shaw Rd, Fayetteville, NC 28311Off Market
- $179,0003 bd2 ba1.4k sqft1102 Alco Cir, Fayetteville, NC 28311Off Market
- $138,1003 bd2 ba900 sqft1105 Alco Cir, Fayetteville, NC 28311Off Market
- $135,7002 bd1 ba-- sqft5657 Gulf Dr, Fayetteville, NC 28311Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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