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    3001 Village Dr Fayetteville, NC 28304

    Sponsored
    For Sale
    $4,368,000

    2.9-acre development site, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 2.9-acre commercial land parcel, located at 3001 Village Dr, Fayetteville, NC 28304, is offered for sale at $4,368,000. Previously a restaurant site, the property now boasts a paved parking lot and two convenient driveway access points on Village Drive. Zoned CC (HSOP), this site presents a multitude of commercial development opportunities. Its strategic location near the 733-bed Cape Fear Valley Medical Center, soon to launch a residency program, offers unparalleled access to a large and growing population. The property benefits from high visibility with approximately 552 feet of frontage and 225 feet of depth. Situated approximately 10 minutes south of Fort Liberty's main gates, it enjoys convenient access to major roadways and is surrounded by Fayetteville's primary office submarket. The strong local demographics include 57,720 residents within a three-mile radius, boasting an average household income of $81,595. Daily traffic counts on Village Drive reach 16,000 vehicles, with Owen Drive seeing 40,000. The property's APN is 0426164079. This ready-to-develop site represents a significant investment opportunity for discerning buyers.

    Property Features for 3001 Village Dr

    General Information

    Property type
    Land
    Lot Size
    126,324 SF

    HighLights

    • 2.9‑acre commercial lot available for $4,368,000.
    • CC zoning allows for diverse commercial development.
    • Excellent Fayetteville, NC location near a major hospital.
    • High‑visibility site with significant street frontage.
    • Improved site; features a paved parking lot (former restaurant site).
    • Dimensions: approximately 552 feet of frontage and 225 feet deep.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.928055960045
    Latitude
    35.031149981362

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    FAQs

    What type of property is this?
    Land - 2.9-acre development site, prime location.
    Where is this land located?
    The property is located at 3001 Village Dr Fayetteville, NC.
    What is the asking price?
    The asking price for this property is $4,368,000.
    What are key features of this property?
    This property features: 2.9-acre commercial lot available for $4,368,000.; CC zoning allows for diverse commercial development.; Excellent Fayetteville, NC location near a major hospital.
    Request Owner's contact information
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    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
    3001 Village Dr Fayetteville, NC 28304
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