Property profile

0 Karr Dr Fayetteville, NC 28314

OFF-MARKET
Land
0.59 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 0.59 ac (25,700 SF)

Cap rate & NOI

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

Location

Karr Dr Fayetteville, NC 28314
Fayetteville metro
Google Maps

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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