3305 Raeford Rd Fayetteville, NC 28303
Property profile & analytics
Location Intelligence
Current Use by Public Records
- American Car Center / Car Dealership
Property Details for 3305 Raeford Rd
- Year built
- 1966
- Property size
- 3,452 SF
- Property type
- Retail properties & Spaces
Description
This exceptional 3,452-square-foot retail property, situated on a 0.71-acre lot at the signalized intersection of Raeford Road and Owen Drive in Cumberland County (APN: 0417-90-3924), presents a unique investment opportunity. Built in 1966 and renovated in 2018, the single-tenant building is currently vacant and offers significant potential for a variety of uses. Its previous use was automotive-related, making it ideal for an owner-user seeking a car lot or similar business. However, the property's versatility also lends itself to other retail ventures, including fast food or even a dual-tenancy configuration. The location boasts exceptional visibility and accessibility, benefiting from high daily traffic counts of approximately 56,000 vehicles. Its proximity to Fort Bragg Military Base, Cross Creek Mall, and downtown Fayetteville ensures a strong customer base. The property is also conveniently located near a recently opened Publix center. Prospective buyers should note that a portion of the corner lot is slated for condemnation by the Department of Transportation; details are available in accompanying photos and brochures. The asking price is $1,500,000. This property offers a compelling blend of location, size, and potential, despite the planned partial condemnation.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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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
- -78.9354
- Latitude
- 35.044
