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    3411 Murchison Rd Fayetteville, NC 28311

    Sponsored
    For Sale
    $600,000

    Prime Fayetteville commercial lot, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional one-acre commercial lot, located at 3411 Murchison Rd, Fayetteville, NC 28311 (APN 0429-40-9402), presents a unique investment opportunity. Priced at $600,000, this property boasts excellent visibility and accessibility, situated along Murchison Road and Pamalee Drive. Its strategic location offers significant advantages, with proximity to Fort Liberty and several residential neighborhoods, ensuring high traffic volume. Murchison Road (Hwy 210) sees 17,000 vehicles daily, while Pamalee Drive (Hwy 401 Business) boasts 21,000 daily vehicles. The property benefits from dual road frontage, allowing for prominent signage opportunities. The nearby Murchison Marketplace Shopping Center further enhances its desirability. The location is also conveniently situated two miles from the I-295 interchange and approximately five miles from Fort Bragg. A strong demographic profile supports this location, with a population of 50,472 and an average household income of $61,651 within a three-mile radius. A daytime population of 52,500 further underscores the potential for high customer traffic. The property's existing structures were built in 1984. This prime location offers significant potential for a variety of commercial ventures.

    Property Features for 3411 Murchison Rd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Built in 1984
    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
    -78.9168337
    Latitude
    35.0976786

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    FAQs

    What type of property is this?
    Land - Prime Fayetteville commercial lot, high traffic area.
    Where is this land located?
    The property is located at 3411 Murchison Rd Fayetteville, NC.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: Built in 1984; ;
    (910) 818-3252
    Request Owner's contact information
    3411 Murchison Rd Fayetteville, NC 28311
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    Fayetteville, NC 28311
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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
    3411 Murchison Rd Fayetteville, NC 28311
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