Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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