Retail Center in Growing
101 - 129 Great Lane Raeford, NC 28376
101 - 129 Great Lane, Raeford, NC, 28376
$3,500,000
Pending
For Sale
$3,500,000
Pending
SINGLE_FAMILY - Raeford, NC
Property Size10,400 SF
Lot Size1.31 Acres
Days on Market102
Property Features for 101 - 129 Great Lane
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking features
- Parking Lot
- Standard status
- Pending
- APN
- 494660101388
- Size
- 10,400 SF
- Lot size
- 1.31 Acres
Taxes and HOA fees
- Tax Description
- 8 COMMERCIAL 4-99/1
Utilities
- Water source
- Public
Building Details
- Building materials
- Brick
Listing Agency
CAROLINA SUMMIT GROUP #1
(910) 236-3030
PO BOX 2118, FAYETTEVILLE, NC
Listed by
HELEN BELL · License #252152
(910) 690-1065
Added: Apr 6 Checked: Jul 16 at 6:06 pm
MLS# 760215
Copyright © 2026 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The Shoppes at Bedford is a neighborhood retail center with a size of approximately 10,400 square feet, situated on 1.31 acres within Bedford Commercial, located at the entrance to the Bedford subdivision, which contains over 250 homes. The property includes eight retail suites and is prominently located along the Fayetteville Rd/US-401 corridor, a high-traffic area connecting Fayetteville and Raeford, with an average daily traffic count of approximately 30,000 vehicles. Currently, 7 of the 8 units are leased. The property is subject to covenants and restrictions under Bedford Commercial. Great Lane is a private road.
Key Highlights
- High‑traffic location on Fayetteville Rd/US‑401 with approximately 30,000 vehicles daily.
- Located at the entrance to the 250+ home Bedford subdivision.
- Neighborhood retail center with eight retail suites.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $187.2k | $18.00 |
| − Vacancy | −$19.3k | −$1.85 |
| EGI | $167.9k | $16.15 |
| − OpEx | −$50.4k | −$4.84 |
| NOI | $117.5k | $11.30 |
10,400 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.68M
$1.47M – $1.96M
NOI $117,543 @ 7.0% cap · market cap 3.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.28M
$1.99M – $2.66M
NOI $159,544 @ 7.0% cap · market cap 4.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Shopping centers
Similar For Sale Nearby
FAQs
What type of property is this?
Shopping center - Neighborhood retail center in a high-traffic, growing residential area.
Where is this shopping center located?
The property is located at 101 - 129 Great Lane Raeford, NC.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: High‑traffic location on Fayetteville Rd/US‑401 with approximately 30,000 vehicles daily.; Located at the entrance to the 250+ home Bedford subdivision.; Neighborhood retail center with eight retail suites.
