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1183 Rim Rd - Montibello Shopping Center Outparcel 3
0.86 Acres of Commercial Land Offered at $215,000 in Fayetteville, NC 28314
Executive Summary
The intersection of Cliffdale & Reilly Rds recently received an uptick in traffic due to the road closure at S Reilly Rd leading towards Fort Bragg Military Base. Today, all base personnel arriving from or returning to the Western part of Fayetteville & Hoke County pass this center everyday. Traffic is slated to increase with the opening of the I-295 Outer Loop Cliffdale Rd exit less than a mile up the road. This area will now be accessible to all areas of Fayetteville and I-95. Developers have taken notice and are building residential housing and multifamily rapidly in the area.
There are over 43,000 residents living within a three mile radius whose average household income exceeds $62,000. There are currently 31,000 vehicles passing this site daily, which is only slated to increase with the opening of I-295 on Cliffdale Rd leading to the gates of Fort Bragg.
Property Facts
| Price | $215,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.86 AC |
| Property Type | Land | Cross Streets | Cliffdale Rd |
| Price | $215,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.86 AC |
| Cross Streets | Cliffdale Rd |
1 Lot Available
Lot
| Price | $215,000 | Lot Size | 0.86 AC |
| Price Per AC | $250,000 |
| Price | $215,000 |
| Price Per AC | $250,000 |
| Lot Size | 0.86 AC |
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Description
1.86 Acre Outparcel for Sale located next to the Montibello Shopping Center in Fayetteville, NC. This property in directly in front of Montibello Shopping Center on Cliffdale Road. This area is underserved for fast food, automotive and other users. The area is growing with a 8.6% projection by 2020 in population size. Increased commercial development in the area has consisted mostly of single and multi-family housing. Increased rooftops in the nearby neighborhoods will only increase traffic counts and pedestrian traffic around this property.
PROPERTY TAXES
| Parcel Number | 9487-55-8831 | Improvements Assessment | $0 |
| Land Assessment | $228,804 | Total Assessment | $228,804 |
PROPERTY TAXES
zoning
| Zoning Code | NC |
| NC |
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Power Broker Neil Grant -
Grant-Murray Real Estate LLC
Presented by
1183 Rim Rd - Montibello Shopping Center Outparcel 3
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