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1201 Fairmont Ct

0.99 Acres of Commercial Land Offered at $695,000 in Fayetteville, NC 28304

Investment Highlights

  • Near Cape Fear Hospital
  • surrounded by class A medical offices
  • One of the last vacant lot close to hospital

Executive Summary

Unique Rectangular vacant lot with level topography with 74 feet frontage on Fairmont Court and 190 feet on Walter Reed Road. Located in desirable medical complex area referred to Cape Center Professional Park. This area is exclusively utilized be medical professionals seeking convenience of location to CAPE FEAR HOPSITAL which is located 1/4 mile south of this site. The immediate area of this site is influenced by good to very good quality improved medical facilities. Cape Fear Valley Health is the 8th largest health system in NC. A Medical school is scheduled to open in 2026.

Attachments

Brochure1201

Property Facts

Price $695,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Daycare Center
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Medical
  • Research and Development
Total Lot Size 0.99 AC

1 Lot Available

Lot

Price $695,000
Price Per AC $702,020
Lot Size 0.99 AC

Site for development uses as a professional medical office or any other office site. The Highest and best use is a professional medical site. A unique site due to good accessibility from both Fairmont Court and Walter Reed Road. Level Topography.

Description

Unique property with possible access from Fairmont Road or Walter Reed Road, surrounded by medical offices and about 1/4th mile from growing Cape Fear Hospital.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0416-88-3620
Land Assessment
$549,639
Improvements Assessment
$0
Total Assessment
$549,639

zoning

Zoning Code OI (OFFICE & INSTITUTION)
OI (OFFICE & INSTITUTION)
  • Listing ID: 31014650

  • Date on Market: 2/21/2024

  • Last Updated:

  • Address: 1201 Fairmont Ct, Fayetteville, NC 28304

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