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    442 Eastern Blvd Fayetteville, NC 28301

    For Sale
    $299,000

    Prime Commercial Land, Fayetteville, NC. High Visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 2.64-acre commercial land parcel in Fayetteville, North Carolina, presents a unique investment opportunity. Located at 442 S Eastern Blvd, in Cumberland County (zip code 28301), this property boasts a highly desirable location adjacent to Sun Belt Rentals, ensuring excellent visibility and accessibility. Previously utilized as a motel site, the land is zoned for commercial use, offering considerable flexibility for development. All utilities are conveniently located on-site, simplifying construction and operational costs. The asking price is $299,000, translating to $113,258 per acre. This property is ideally suited for a variety of commercial or flex space uses. The site's size and zoning allow for the potential division into two outparcels, catering to multiple tenants or a build-to-suit project tailored to a specific user's needs. Its strategic location and versatile zoning make this a compelling investment prospect for developers and businesses seeking a high-impact presence in a thriving Fayetteville market. The property's prominent position ensures high traffic visibility, making it an attractive location for retail, commercial, or flex space development.

    Property Features for 442 Eastern Blvd

    General Information

    Property type
    Land
    Lot Size
    114,998 SF

    HighLights

    • Former motel site, 2.64 acres, Fayetteville, NC.
    • Excellent retail pad opportunity.
    • Ideal for flex space development.
    • Build‑to‑suit potential available.
    • Zoned commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.867405
    Latitude
    35.042218

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Fayetteville, NC. High Visibility.
    Where is this land located?
    The property is located at 442 Eastern Blvd Fayetteville, NC.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: Former motel site, 2.64 acres, Fayetteville, NC.; Excellent retail pad opportunity.; Ideal for flex space development.
    (910) 987-3242
    Request Owner's contact information
    442 Eastern Blvd Fayetteville, NC 28301
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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
    442 Eastern Blvd Fayetteville, NC 28301
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