8290 Fayetteville Rd | Raeford, NC 28376
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8290 Fayetteville Rd
Raeford, NC 28376
Land For Sale · 9.00 AC
Investment Highlights
- 30,000 AADT
- Located on Fayetteville Rd/401
Executive Summary
Prime development opportunity on Fayetteville Rd/401, a pivotal commercial corridor linking Fayetteville and Raeford. This prime 9 +/- acre corner parcel, bordered by Hwy 401 and Pittman Grove Church Rd, boasts a daily traffic count of up to 30,000 passersby. The existing structures on the property hold minimal value. The surrounding area features a diverse mix of amenities, including a multi-family complex, retail centers, assisted living facilities, and a utility company. Additionally, its strategic location places it in close proximity to FirstHealth Moore Regional Hospital - Hoke and Cape Fear Valley Health Hoke Hospital.
PROPERTY FACTS Under Contract
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 9.00 AC |
| Property Type | Land |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 9.00 AC |
1 Lot Available
Lot
| Price | $3,100,000 | Lot Size | 9.00 AC |
| Price Per AC | $344,444 |
| Price | $3,100,000 |
| Price Per AC | $344,444 |
| Lot Size | 9.00 AC |
This prime 9 +/- acre corner parcel, bordered by Hwy 401 and Pittman Grove Church Rd, boasts a daily traffic count of up to 30,000 passersby. The existing structures on the property hold minimal value.
PROPERTY TAXES
| Parcel Number | 494660101009 | Improvements Assessment | $2,340 |
| Land Assessment | $1,939,080 | Total Assessment | $1,941,420 |
PROPERTY TAXES
Parcel Number
494660101009
Land Assessment
$1,939,080
Improvements Assessment
$2,340
Total Assessment
$1,941,420
zoning
| Zoning Code | HC (Highway Commercial) |
| HC (Highway Commercial) |
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