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
    Back to Search

    Raeford Rd & Hoke Loop Rd Fayetteville, NC 28314

    Sponsored
    For Sale
    Contact for pricing

    Prime Fayetteville location, high traffic, flexible zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    400
    This exceptional commercial land parcel presents a unique development opportunity in Fayetteville, North Carolina. Situated at the intersection of Raeford Road and Hoke Loop Road, this property boasts a strategic location along Fayetteville's primary east-west thoroughfare, Raeford Road, which experiences a high daily traffic volume of 40,000 vehicles. The site offers a substantial land area ranging from 15.88 to 35.91 acres, providing ample space for a variety of commercial developments. The property is zoned LC (Limited Commercial), allowing for diverse uses including, but not limited to, grocery stores, quick-service restaurants (QSRs), and other retail establishments. This flexibility makes it an attractive investment for developers seeking to capitalize on the strong retail demand in this rapidly growing area of western Fayetteville. The seller is willing to subdivide the land to accommodate specific project needs, further enhancing its appeal to potential buyers. The property's address is Raeford Rd & Hoke Loop Rd, Fayetteville, NC 28314, and is located in Cumberland County. This prime location and flexible zoning make this a truly exceptional opportunity for commercial development in a thriving market.

    Property Features for 0 Raeford Rd & Hoke Loop Rd

    General Information

    Property type
    Land
    Lot Size
    691,733 SF

    HighLights

    • Prime Fayetteville development site.
    • Excellent for grocery, quick‑service restaurants, and other retail.
    • High‑traffic location on Raeford Rd (40,000 VPD), Fayetteville's main east‑west artery.
    • LC (Limited Commercial) zoning offers diverse development options.
    • Seller will provide land subdivision.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -79.0816694
    Latitude
    35.0328146

    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
    • New
      $385,000

      Haymount Duplex: Turnkey Income Property

      Income-producing duplex in Haymount, Fayetteville, with furnished units and recent updates.
      2511 Mcneill Cir, 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
    • $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

    FAQs

    What type of property is this?
    Land - Prime Fayetteville location, high traffic, flexible zoning.
    Where is this land located?
    The property is located at Raeford Rd & Hoke Loop Rd Fayetteville, NC.
    What are key features of this property?
    This property features: Prime Fayetteville development site.; Excellent for grocery, quick-service restaurants, and other retail.; High-traffic location on Raeford Rd (40,000 VPD), Fayetteville's main east-west artery.
    (704) 954-8929
    Request Owner's contact information
    Raeford Rd & Hoke Loop Rd 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.
    Raeford Rd & Hoke Loop Rd
    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 Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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
    Raeford Rd & Hoke Loop Rd 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.