Current Use by Public Records
- Retail properties & Spaces
Property Details for 221 Flagstone Ln
- Year built
- 2017
- Lot size
- 3.36 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Office Spaces
Description
Stonegate Village, located at 221-277 Flagstone Ln in Raeford, NC, presents a compelling retail and office investment opportunity. This single-story, 22,400 square foot building, constructed in 2017, sits on a 3.36-acre lot and features 16 suites, offering spaces ranging from a minimum of 1,400 square feet to a maximum contiguous space of 2,800 square feet. The property is zoned HC (Highway Commercial) and enjoys a high-traffic location on Fayetteville Road/401, a major retail corridor connecting Fayetteville and Raeford. Its strategic proximity to Hoke Hospital ensures high visibility and significant daily traffic volume, estimated at approximately 30,000 vehicles. The property benefits from ample parking and a diverse tenant mix, creating a thriving commercial environment. The building does not include elevators. This is a multiple-tenancy property with Net Net Net (NNN) leases. The property's location in the Hoke County submarket of Fayetteville Road/401 provides excellent access and visibility for businesses seeking a strong presence in this growing area. The APN is 494660101013. This is an exceptional opportunity for investors seeking a well-located, established retail and office complex in a high-demand area.
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
- Raeford
- County
- Hoke
- State
- North Carolina
- Longitude
- -79.1163
- Latitude
- 35.0313
