425 Gillespie St Fayetteville, NC 28301
- Land
- 0.69 lot acres
Current Use by Public Records
- Land
Property Details for 425 Gillespie St
- Lot size
- 0.69 lot acres
- Property type
- Land
Description
This exceptional 0.69-acre commercial land parcel presents a unique investment opportunity in Fayetteville, North Carolina. Located at 425 Gillespie Street, this property boasts excellent frontage and high visibility, making it ideal for a variety of commercial uses. The land is zoned CC, opening doors for numerous owner-user possibilities. Its strategic location places it within minutes of Downtown Fayetteville, offering easy access to the vibrant city center. Proximity to key landmarks such as the Market House, city offices, and the courthouse further enhances its appeal. The property benefits from readily available water and sewer services, simplifying development plans. The lot features frontage on both Gillespie Street and a back street, providing versatile layout options. This location is particularly well-suited for sales and service businesses. The recent addition of a new ball stadium in the area adds to the growing economic vitality of the neighborhood. With a total asking price of $159,000 and a land value of $5.29 per square foot, this property represents a compelling investment opportunity in a thriving urban setting. The 28301 zip code ensures easy access to major transportation routes and amenities. Don't miss this chance to acquire a highly desirable commercial lot in a rapidly developing area.
Value Estimation
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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
- -78.8807
- Latitude
- 35.0449
