Overview

Description

This incredible development opportunity along Raeford Rd is now available for sale or ground lease in Fayetteville, NC. The property consists of four parcels that total 3.08 acres. The full-movement traffic light at Roxie Ave allows for excellent access into the property which has 245' of frontage along Raeford Rd. The property is primarily zoned LC (Limited Commercial) with three small lots in the rear zoned SF-6 (residential) and has a cellular tower on the north side of the property.

The property is located at the signalized intersection of Raeford Rd and Roxie Ave next to the offramp of the All American Freeway. The area is a very busy commercial corridor with many retailers, restaurants, and employers in the area to include Cape Fear Valley Medical Center to the south and Fort Bragg about ten minutes to the north. The traffic light at the property is a full-movement light with traffic counts at 43,500 daily along Raeford Rd and 44,500 along the All American Freeway. Within a three mile radius of the property the daytime population is 83,776; the 2020 total population is 63,782; and the average household income is $63,536.


The property is located at the signalized intersection of Raeford Rd and Roxie Ave next to the offramp of the All American Freeway. The area is a very busy commercial corridor with many retailers, restaurants, and employers in the area to include Cape Fear Valley Medical Center to the south and Fort Bragg about ten minutes to the north. The traffic light at the property is a full-movement light with traffic counts at 43,500 daily along Raeford Rd and 44,500 along the All American Freeway. Within a three mile radius of the property the daytime population is 83,776; the 2020 total population is 63,782; and the average household income is $63,536.

Level topography

Highlights

• 3.08 acres available
• $2,650,000 purchase price
• $90,000/acre/year ground lease
• Located along Raeford Rd next to All American Freeway
• Full-movement traffic light
• Excellent visibility and strong traffic counts

1 Space Available

Documents

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