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5818 Ramsey St

8.3 Acres of Commercial Land Offered at $4,400,000 in Fayetteville, NC 28311

Executive Summary

Call Joe Riddle of Riddle Commercial for more details (910-850-3207). Prime positioning on Ramsey Street, south of the I-295 overpass and next door to Methodist University. Two existing stop lights create full service access. Site development will require fill in order to yield the entirety of the acreage.

Property Facts

Price $4,400,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 8.30 AC
Cross Streets 181 Kinlaw Rd

1 Lot Available

Lot

Price $4,400,000
Price Per AC $530,120
Lot Size 8.30 AC

5 contiguous lots fronting both Ramsey St & Kinlaw Drive. 2 stop lights, 2 commercial buildings, one residence. Commercial zoning throughout Ramsey frontage; house retains residential zoning.

Description

Call Joe Riddle of Riddle Commercial for more details (910-850-3207). Prime positioning on Ramsey Street, south of the I-295 overpass and next door to Methodist University. Two existing stop lights create full service access. 7 curb cuts at this time on Ramsey St. Two small existing commercial buildings on the north end of the property. One residence on the Kinlaw Rd end. Will not subdivide. Site development will require fill in order to yield the entirety of the acreage.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0530-76-9058
  • 0530-86-0202
  • 0530-75-7432
Land Assessment
$456,861
Improvements Assessment
$80,886
Total Assessment
$537,747

zoning

Zoning Code LC/SF-15 (LC, Commercial zoning in the City of Fayetteville on 7.5 of the 8.25 acres. The pothe r3/4 acre is R15 where the existing house remains.)
LC/SF-15 (LC, Commercial zoning in the City of Fayetteville on 7.5 of the 8.25 acres. The pothe r3/4 acre is R15 where the existing house remains.)
  • Listing ID: 28278615

  • Date on Market: 4/20/2023

  • Last Updated:

  • Address: 5818 Ramsey St, Fayetteville, NC 28311

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