Redevelopment Opportunity: 1.23-Acre High-Traffic Commercial Site on Raeford Rd

$1,292,500

3406 Raeford Rd, Fayetteville, NC 28303

For Sale

Retail Restaurant

Active

Last Updated: 04/14/2025

Details:

Building Size: 10,953 sqft

Lot Area: 1.23 acres

Class: C

Year Built: 1963

Floors: 1

Parking Spots: 90

Offered by

Patrick Murray, CCIM, SIOR

Principal / Broker in Charge

Grant-Murray Real Estate

#NC #231098 SC #62612

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Highlights:

1.23-acre site with 190 feet of Raeford Rd frontage.
High-traffic area with 33,000 daily vehicle count.
Zoned LC, permitting drive-throughs and other commercial uses.
Ideal for QSR or other retail redevelopment.
Near Cape Fear Valley Medical Center and Fort Liberty.
2024 projected average household income: $80,383.

Description:

Located at 3406 Raeford Rd, Fayetteville, NC, this 1.23-acre property offers an exceptional opportunity for redevelopment. With 190 feet of prime frontage along Raeford Rd, which sees 33,000 vehicles daily, the site is ideal for new commercial projects, especially in the quick-service restaurant (QSR) sector. While the current 10,953-square-foot structure, built in 1963, has been used as a restaurant, its age and condition make the property more suitable for a fresh start. Zoned Limited Commercial (LC), the site allows for a wide variety of commercial applications, including drive-through restaurants. Investors and developers can capitalize on the high-traffic location and flexible zoning to create a modern and profitable commercial space. The property is listed for $1,292,500, reflecting its redevelopment potential in one of Fayetteville’s busiest corridors.

Positioned near the interchange of the All American Freeway and minutes from Cape Fear Valley Medical Center and Fort Liberty, the site is surrounded by an active workforce and a bustling daytime population. With over 92,000 people in the area during the day and an average household income of $80,383 within a 3-mile radius, the location offers strong consumer demand for retail and dining. This high-growth area of Fayetteville, known for its strategic connections and proximity to major employers, provides an ideal backdrop for a new commercial project. Whether it’s a QSR or another retail endeavor, developers can take full advantage of the surrounding traffic and economic activity.

PIN: 0417817223
PROPERTY DESC: 1.23 ACS OWEN LD
ACRES: 1.23