Property profile

0 Andrews Rd Fayetteville, NC 28311

OFF-MARKET
Land
0.69 ac lot
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Property summary

AI-generated overview

This 0.69-acre commercial land parcel in Fayetteville, North Carolina, presents a compelling investment opportunity. Located at the bustling intersection of Ramsey Street and the 295 Bypass, this outparcel lot boasts exceptional visibility and accessibility. The property is situated within a thriving shopping center, anchored by a recently constructed gas station, and enjoys immediate proximity to a McDonald's restaurant and Cape Fear Valley Hospital. This strategic location makes it particularly well-suited for businesses catering to healthcare needs or those benefiting from high vehicular traffic, such as automotive services or fast-food establishments. The lot is equipped with readily available water and sewer connections, simplifying development and reducing initial setup costs. Existing stormwater infrastructure is in place, offering potential for future expansion and development. The property's APN is 0531826591, and it's zoned for commercial use. The asking price for this exceptional commercial land is $650,000. Don't miss this chance to secure a prime location for your business venture in a rapidly growing area of Fayetteville. This is a rare opportunity to acquire a highly visible and well-connected property in a thriving commercial district.

Property profile

Verified
Property type Land
Lot 0.69 ac (30,056 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Andrews Rd Fayetteville, NC 28311
Fayetteville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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