0 Karr Dr, Fayetteville, NC 28314
This exceptional 0.59-acre commercial land parcel presents a unique redevelopment opportunity in Fayetteville, North Carolina. Situated on the corner of Karr Drive and Raeford Road, the property boasts excellent visibility and paved road frontage, ensuring high traffic exposure for any commercial venture. Currently zoned for commercial use, this site is ready for immediate development. The land offers significant potential for a variety of commercial uses, capitalizing on its prime location and high traffic counts. With a total area of 0.59 acres, the asking price is $150,000, translating to a land value of $5.84 per square foot. The property's address is 0 Karr Dr, Fayetteville, NC 28314, within Cumberland County. Its strategic location at the intersection of Karr Drive and Raeford Road provides unparalleled access and visibility, making it an attractive investment for businesses seeking a high-traffic location. This is a rare opportunity to acquire a well-positioned commercial lot ready for immediate development in a thriving area. Don't miss this chance to secure a prime piece of Fayetteville real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.