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Hwy 24 & Downing Rd

3.5 Acres of Commercial Land Offered at $575,000 in Fayetteville, NC 28312

Investment Highlights

  • Full access and there is an existing turn lane off Hwy 24 in place.
  • Perfect location for a convenience store with gas, truck stop, or industrial distribution use.

Executive Summary

2535 Downing Rd is a 3.5 acre parcel available for sale for $575,000. The property sits with on the corner of NC Hwy 24 and Downing Rd with274' frontage along NC Hwy 24. A majority of the land is zoned CC and a portion in the back is zoned HI. The land has full access and there is an existing turn lane off Hwy 24 in place. The land is the last corner before the on-ramp for I-95 travelled by 40,500 cars per day (2020 NCDOT).

Attachments

Sale Flyer

Property Facts

Price $575,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
Total Lot Size 3.50 AC

1 Lot Available

Lot

Price $575,000
Price Per AC $164,286
Lot Size 3.50 AC

Description

The land is level and a small portion in the back sits in the 500-year flood zone. This is a perfect location for a convenience store with gas, truck stop, or industrial distribution use. There is a sewer line that runs along Downing Rd and the property is in the Fayetteville jurisdiction.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0457-21-4841
Land Assessment
$80,447
Improvements Assessment
$0
Total Assessment
$80,447

zoning

Zoning Code CC & HI
CC & HI
  • Listing ID: 25393813

  • Date on Market: 4/4/2022

  • Last Updated:

  • Address: Hwy 24 & Downing Rd, Fayetteville, NC 28312

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