14.46 Acres w/ Shared Stormwater & Interior Access

$5,061,000

Gillis Hill Rd @ Raeford Rd, Fayetteville, NC 28304

For Sale

Land

Active

Last Updated: 10/01/2025

Details:

Lot Area: 14.46 acres

Offered by

Patrick Murray, CCIM, SIOR

Principal / Broker in Charge

Grant-Murray Real Estate

#NC #231098 SC #62612

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Highlights:

14.46 acres zoned CC (allows multifamily: 24 units/acre)
Common stormwater pond included in development
Interior roads to be completed shortly
Signalized access from two major thoroughfares
Raeford Rd (42,000 AADT) & Gillis Hill Rd (19,500 AADT)
Minutes from Fort Bragg & I-295 interchange
Average HH income (3 mi): $97,415 | Population: 44,000+

Description:

This 14.46-acre commercial site offers a rare combination of flexible zoning, high-traffic exposure, and development-ready infrastructure at the intersection of Raeford Road (42,000 AADT) and Gillis Hill Road (19,500 AADT). Zoned Community Commercial (CC), the property permits a wide range of uses including retail, hospitality, medical, office, and multifamily residential at 24 units per acre. Buyers will benefit from access to a common stormwater pond serving the larger development and the planned completion of interior roads, providing efficient circulation and multiple points of ingress/egress. The largely cleared site sits at two signalized intersections, directly adjacent to new construction and major national retailers. With utility access in place and development momentum surrounding the property, this site is well-positioned for a variety of commercial or mixed-use programs.

Located less than one mile from the I-295 interchange, this site offers excellent regional connectivity and is just minutes from Fort Bragg, one of the nation’s most significant military installations. The immediate trade area is anchored by Walmart, Publix, Lowe’s, Aldi, and numerous QSR and service retailers, forming a critical mass of retail activity that draws consistent consumer traffic. The surrounding population is expected to surpass 44,000 within a 3-mile radius by 2025, supported by an average household income of $97,415 and a daytime population exceeding 30,000. The area's diverse demographics, educated workforce, and continued residential expansion further enhance its long-term growth trajectory and demand for commercial services.

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