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Property profile & analytics
FOR SALE
Commercial land

6415 Fayetteville Rd Raeford, NC 28376

9.81 ac lot
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US53-4382830
Property summary
AI-generated overview

This exceptional 9.81-acre commercial property located at 6415 Fayetteville Road in Raeford, North Carolina, presents a unique opportunity for investors and developers. The expansive land parcel offers significant potential for a variety of commercial ventures, given its size and strategic location within Raeford. The property's zoning (which should be independently verified) may allow for a range of uses, from retail and office spaces to light industrial or warehousing facilities. The substantial acreage provides ample room for building expansion and future development, accommodating large-scale projects or allowing for phased development to suit evolving business needs. Its location on Fayetteville Road offers excellent visibility and accessibility, ensuring high traffic exposure for any commercial enterprise established on the site. The property's current condition and any existing structures (if any) require independent assessment and due diligence. This is a rare opportunity to acquire a significant land holding in a growing area, offering substantial potential for long-term investment and return. Serious inquiries are encouraged to explore the possibilities this property presents. The asking price is $2,000,000. All interested parties are responsible for conducting their own due diligence and verifying all information provided.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 9.81 ac (427,541 SF)
APN 494560301018
UPID US53-4382830
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Richard Neeley Land Holdings LLC · 8 yrs held
Richard Neeley Land Holdings LLC
since 2017
3 recorded transactions
2017
$1.9M
2016
Price N/A
2013
$1.3M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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