0 Bonanza Dr, Fayetteville, NC 28303
This exceptional 3.46-acre commercial land parcel in Fayetteville, North Carolina, presents a unique investment opportunity. Located in Cumberland County, with APN 0408-34-3586.000, the property is zoned NC - Neighborhood Commercial, offering significant development potential. Its prime location boasts excellent visibility and accessibility, situated approximately two miles from Fort Liberty and within 1.5 miles of Skibo Road (Highway 401 Bypass) and the Cross Creek Mall trading area, recognized as North Carolina's highest-grossing concentrated retail area per square foot. The property's proximity to major thoroughfares, including Reilly Road and the All American Freeway (accessible via Santa Fe Drive and Morganton Road interchanges), ensures convenient access for customers and employees. Adding to its appeal, the land is an outparcel to a Super Compare Foods-anchored neighborhood shopping center, benefiting from existing commercial activity and foot traffic. Furthermore, three public schools (Westover High School, Westover Middle School, and Morganton Road Elementary School) are located within a quarter-mile radius, creating a strong residential presence. The seller will subdivide the property, providing flexibility for various development scenarios. This property is priced at $1,595,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.