Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    Karr Dr Fayetteville, NC 28314

    Sponsored
    For Sale
    $150,000

    High-visibility corner lot, ideal for redevelopment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.59-acre commercial land parcel presents a unique redevelopment opportunity in Fayetteville, North Carolina. Situated on the corner of Karr Drive and Raeford Road, the property boasts excellent visibility and paved road frontage, ensuring high traffic exposure for any commercial venture. Currently zoned for commercial use, this site is ready for immediate development. The land offers significant potential for a variety of commercial uses, capitalizing on its prime location and high traffic counts. With a total area of 0.59 acres, the asking price is $150,000, translating to a land value of $5.84 per square foot. The property's address is 0 Karr Dr, Fayetteville, NC 28314, within Cumberland County. Its strategic location at the intersection of Karr Drive and Raeford Road provides unparalleled access and visibility, making it an attractive investment for businesses seeking a high-traffic location. This is a rare opportunity to acquire a well-positioned commercial lot ready for immediate development in a thriving area. Don't miss this chance to secure a prime piece of Fayetteville real estate.

    Property Features for 0 Karr Dr

    General Information

    Property type
    Land
    Lot Size
    25,700 SF

    HighLights

    • Karr Dr location.
    • Corner lot at Glensford/Raeford Rd intersection.
    • 0.59‑acre parcel.
    • Commercial rezoning pending.
    • High visibility and excellent street frontage.
    • Suitable for multiple commercial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.9619915
    Latitude
    35.043965

    Nearby Similar for Sale

    • $925,000
      Pending

      Historic Downtown Fayetteville Two-Story Building

      Two-story building in historic downtown Fayetteville, suitable for office or retail.
      127 Hay St, Fayetteville, NC 28301
      View Details
    • $70,000
      Pending

      Fayetteville Duplex Investment Opportunity

      Two vacant duplexes, each unit with one bedroom and bath.
      324 Rhew St, Fayetteville, NC 28303
      View Details
    • $369,999
      Pending

      New Construction Duplex For Sale

      New construction duplex for sale, estimated completion March 2026.
      2026 A & B Progress St, Fayetteville, NC 28306
      View Details
    • New
      $800,000

      Office Condos For Sale

      Ground floor office condos, fully leased, income-producing property.
      2525 Raeford Rd, Fayetteville, NC 28305
      View Details
    • $554,999
      Pending

      Haymount District Quadraplex Opportunity

      Charming quadraplex in Haymount District, ideal for investors.
      300 Highland Ave, Fayetteville, NC 28305
      View Details
    • $1,000,000
      7,868 SF

      Fayetteville Retail and Office Space

      7,868 SF retail/office property in Fayetteville's heart.
      4441 Bragg Blvd, Fayetteville, NC 28303
      View Details
    • $167,500
      1,142 SF

      Updated Duplex Unit For Sale

      Updated duplex unit with modern features and convenient location.
      402 Andros Dr, Fayetteville, NC 28314
      View Details
    • $400,000
      Pending

      Renovated Retail Space on Raeford

      Recently renovated retail space with frontage on Raeford Road.
      5318 Raeford Rd, Fayetteville, NC 28304
      View Details
    • $600,000
      4,242 SF

      Fayetteville Office Building For Sale

      Office building in a prime location, convenient to Fort Liberty.
      269 Westlake Rd, Fayetteville, NC 28303
      View Details
    • $1,625,000
      7,152 SF

      Fayetteville Office Building on Raeford

      Office building on heavily traveled Raeford Road with easy access.
      6205 Raeford Rd, Fayetteville, NC 28304
      View Details
    • $513,000

      Professional Office Space in Haymount

      Professional office space in Fayetteville's Haymount district.
      1248 Fort Bragg Rd, Fayetteville, NC 28305
      View Details
    • $1,999,000
      Pending

      Fayetteville Multifamily Investment Opportunity

      Portfolio of single-family, duplex, triplex, and quadplex homes.
      18 Units On Mciver & Italy St, Fayetteville, NC 28301
      View Details

    FAQs

    What type of property is this?
    Land - High-visibility corner lot, ideal for redevelopment.
    Where is this land located?
    The property is located at Karr Dr Fayetteville, NC.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Karr Dr location.; Corner lot at Glensford/Raeford Rd intersection.; 0.59-acre parcel.
    (910) 818-3252
    Request Owner's contact information
    Karr Dr Fayetteville, NC 28314
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Karr Dr
    Fayetteville, NC 28314
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Karr Dr Fayetteville, NC 28314
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.