221 Flagstone Ln Raeford, NC 28376
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.