Property profile

0 Raeford Rd & Hoke Loop Rd Fayetteville, NC 28314

OFF-MARKET
Land
15.88 ac lot
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Property summary

AI-generated overview

This exceptional commercial land parcel presents a unique development opportunity in Fayetteville, North Carolina. Situated at the intersection of Raeford Road and Hoke Loop Road, this property boasts a strategic location along Fayetteville's primary east-west thoroughfare, Raeford Road, which experiences a high daily traffic volume of 40,000 vehicles. The site offers a substantial land area ranging from 15.88 to 35.91 acres, providing ample space for a variety of commercial developments. The property is zoned LC (Limited Commercial), allowing for diverse uses including, but not limited to, grocery stores, quick-service restaurants (QSRs), and other retail establishments. This flexibility makes it an attractive investment for developers seeking to capitalize on the strong retail demand in this rapidly growing area of western Fayetteville. The seller is willing to subdivide the land to accommodate specific project needs, further enhancing its appeal to potential buyers. The property's address is Raeford Rd & Hoke Loop Rd, Fayetteville, NC 28314, and is located in Cumberland County. This prime location and flexible zoning make this a truly exceptional opportunity for commercial development in a thriving market.

Property profile

Verified
Property type Land
Lot 15.88 ac (691,733 SF)

Cap rate & NOI

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

Location

Raeford Rd & Hoke Loop Rd Fayetteville, NC 28314
Fayetteville metro
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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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