3607 Par Dr Fayetteville, NC 28311
- Land
- 2.04 lot acres
Current Use by Public Records
- Land
Property Details for 3607 Par Dr
- Lot size
- 2.04 lot acres
- Property type
- Land
Description
This exceptional 2.04-acre commercial land parcel, located at 3607 Ramsey St & 132 Par Dr in Fayetteville, North Carolina (28311), presents a compelling investment opportunity. Boasting 180 feet of road frontage on busy Ramsey Street, this property offers direct access to a signalized intersection, ensuring high visibility and accessibility. The lot, zoned CC, has a depth of 580 feet and is served by public water and sewer (PWC). Currently, the front portion houses an automotive shop with a month-to-month tenant paying $2,000 in monthly rent. The remaining 1.5 acres at the rear of the property contains six vacant houses. The 2022 property taxes totaled $12,284.51. This prime location in Cumberland County offers significant redevelopment potential, making it ideal for a variety of commercial ventures. The land is priced at $990,000, or $14.52 per square foot. Don't miss this chance to acquire a highly visible and strategically located commercial property in a thriving area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Cumberland
- State
- North Carolina
- Longitude
- -78.8794
- Latitude
- 35.1084