3.8 AC CC-Zoned Redevelopment Opportunity

Highlights:

• 3.81 acres zoned Community Commercial (CC)
• Multifamily potential: up to 24 units/acre
• Existing 4,100 SF improvements on site
• Yard and utility infrastructure in place
• Population over 161K within 5-mile radius
• Average income projected to reach $90K by 2029

Description:

Positioned on 3.81 acres zoned Community Commercial (CC), 519 Springfield Road offers a highly adaptable redevelopment opportunity in a rapidly evolving corridor of Fayetteville. The site includes a 1,400-square-foot office structure and a 2,700-square-foot covered terminal with 15 dock-high positions, offering immediate utility or potential for demolition and reuse. With zoning that allows for multifamily residential development up to 24 units per acre, this property supports high-density housing, as well as a wide range of commercial and institutional uses—including healthcare, child care, religious, and educational facilities. Expansive paved yard areas and existing utility connections provide a head start for developers seeking to minimize sitework timelines. Whether repositioned for income-generating multifamily or reimagined for a specialty-use campus, the flexibility and scale of this parcel make it a compelling infill opportunity.

Located just minutes from I-295 and the All American Freeway, the property offers seamless access to Fort Liberty, downtown Fayetteville, and regional employment centers. The surrounding area benefits from a diverse economic base supported by institutions like Fayetteville State University, Cape Fear Valley Medical Center, and major retail anchors. Within a five-mile radius, the population exceeds 116,000 with a daytime population of over 161,000—providing a robust customer and workforce pool. The average household income in the same radius stands at $76,517, with projected growth approaching $90,000 by 2029, underscoring sustained demographic momentum. The property’s urban setting is supported by public infrastructure and nearby amenities, offering strong fundamentals for both residential and service-based redevelopment.

PIN: 0428-76-6107
PROPERTY DESC: LD PL:0040-0046
ACRES: 3.81

---

Report Listing This listing was syndicated through:

Documents: