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    6326 Raeford Rd Fayetteville, NC 28304

    Sponsored
    For Sale
    $1,098,000

    High-traffic retail land, Fayetteville, NC.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2.55-acre commercial land parcel presents a prime investment opportunity in Fayetteville, North Carolina. Located at 6326 Raeford Rd, this property boasts a highly desirable location adjacent to a brand-new Walgreens, ensuring high visibility and accessibility. The site benefits from a signalized intersection, guaranteeing excellent traffic flow and exposure to over 45,000 vehicles daily. Currently zoned for commercial use, this land is ready for immediate development, eliminating lengthy permitting delays. Water and sewer services are readily available on-site. The asking price of $1,098,000 represents half of the total site, offering flexibility for various development configurations. The land value is $9.88 per square foot. The property's strategic location within Cumberland County places it within a thriving community, with a population exceeding 165,000 within a 5-mile radius. The lot is also subdividable, providing further development options to suit diverse business needs. This is an unparalleled chance to capitalize on a high-demand retail location in a rapidly growing market. Don't miss this opportunity to secure a prominent position on the busy Raeford Road corridor.

    Property Features for 6326 Raeford Rd

    General Information

    Property type
    Land
    Lot Size
    111,078 SF

    HighLights

    • Signalized intersection provides excellent visibility and accessibility.
    • Adjacent to a new Walgreens, ensuring high traffic and brand synergy.
    • Zoned commercial and ready for immediate development.
    • High traffic count exceeding 45,000 vehicles daily.
    • Subdividable lot offering flexible development options.
    • Dense population exceeding 165,000 within a 5‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.989203
    Latitude
    35.043353

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    FAQs

    What type of property is this?
    Land - High-traffic retail land, Fayetteville, NC.
    Where is this land located?
    The property is located at 6326 Raeford Rd Fayetteville, NC.
    What is the asking price?
    The asking price for this property is $1,098,000.
    What are key features of this property?
    This property features: Signalized intersection provides excellent visibility and accessibility.; Adjacent to a new Walgreens, ensuring high traffic and brand synergy.; Zoned commercial and ready for immediate development.
    Request Owner's contact information
    6326 Raeford Rd Fayetteville, NC 28304
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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
    6326 Raeford Rd Fayetteville, NC 28304
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