0 Fayetteville Rd Raeford, NC 28376
This exceptional 10+/- acre tract presents a unique investment opportunity in Raeford, North Carolina. Ideally situated off Fayetteville Road, in Hoke County, this property boasts a highly desirable HC - Highway Commercial zoning designation, opening doors to a wide range of development possibilities. The land itself is characterized by its level topography and triangular shape, simplifying planning and construction. Conveniently located near the intersection of Wayside Road and Fayetteville Road, east of Raeford, this site benefits from readily available public water and the proximity of public sewer lines along Fayetteville Road. Recent improvements by the North Carolina Department of Transportation (NCDOT) have enhanced access to Wayside Road, further increasing the property's appeal. The site's zoning and location make it particularly well-suited for commercial development, including but not limited to multi-family residential projects. The property's APN is 494760101201. This is a prime opportunity to capitalize on the growth potential of this strategically located parcel. The asking price is $815,000. Don't miss this chance to acquire a substantial piece of land in a rapidly developing area. The property is located at the address Fayetteville Rd, Raeford, NC 28376.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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No recorded transactions found for this property.
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Risks
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