Current Use by Public Records
- Land
Property Details for 0 Xxxx Cedar Crk Rd
- Lot size
- 33.97 lot acres
- Property type
- Land
Description
This exceptional 33.97-acre commercial land parcel presents a significant development opportunity in Fayetteville, North Carolina. Strategically located along Cedar Creek Road (Highway 53), this property boasts over 1,000 feet of road frontage and enjoys unparalleled access to Interstate 95, less than half a mile away. The site's zoning offers versatility, with over 10 acres zoned CC (Community Commercial), ideal for hotel, restaurant, retail, or multifamily development. The remaining acreage is zoned C(P) and R10, providing additional options. This high-traffic area sees 11,000 vehicles daily on Cedar Creek Road and 57,000 on I-95, ensuring high visibility and accessibility. The property is situated near existing hotels, restaurants, and a growing industrial business park, further enhancing its potential. While public utilities are nearby, they are not yet extended to the property. Detailed information, including flood zone and easement maps, is available upon request. The surrounding area demonstrates strong demographics, with a population of 5,873 within a three-mile radius and an average household income of $49,883. The daytime population reaches 9,397, indicating substantial potential for commercial success. The asking price is $1,900,000, translating to $55,931 per acre. This represents a compelling investment opportunity in a thriving market. The property's size, location, and zoning make it an ideal candidate for a variety of commercial developments.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Cumberland
- State
- North Carolina
- Longitude
- -78.8309
- Latitude
- 35.0107
