Listing Agency: Grant-Murray Real Estate

Listed By: Greg Spears · License #NC 272060 Show Phone

Source: Crexi

Added: Apr 11, 2023 Changed: Oct 2 Last Checked: Oct 4 at 7:41AM

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Investment Insights

Based on property information with market context.

This property is located on S Reilly Rd and is suitable for multi-family development, a single-family subdivision, flex space, or an office/warehouse park. The site features level topography. Water and sewer utilities are available. The commercial property is located less than one mile from the I-295 outerloop in Southwest Fayetteville and has frontage on S Reilly Rd.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

48

Businesses Nearby

Explore this area Business Placement

Demographics for 28314, NC

54,271

Population

24,832

Households

2.2

Avg Household Size

33

Median Age

28%

College-Educated

94%

High-School Grad

19.4 sq mi

ZIP Area

2,797

Density / Sq Mi

$60,036

Median Household Income

$38,047

Median Earnings

$1,197

Median Rent

$172,000

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial property suitable for multi-family, flex space, or office/warehouse.

Where is this commercial land located?

The property is located at 1429 S Reilly Rd Fayetteville, NC.