Property profile

0 Cliffdale & Bunce Rd Fayetteville, NC 28314

OFF-MARKET
Land
2.93 ac lot
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Property summary

AI-generated overview

This exceptional 2.93-acre parcel is situated at the corner of Cliffdale and Bunce Roads in Fayetteville, North Carolina, zip code 28314. Currently zoned SF-6 (Residential), this property presents a significant opportunity for redevelopment. Its strategic location offers exceptional visibility and accessibility, boasting 765 feet of road frontage. The property's proximity to the future I-295 on Cliffdale Road ensures convenient access to Fort Bragg and the Fayetteville shopping district. While currently zoned residential, the property is suitable for rezoning to accommodate commercial, office, or institutional uses, making it an attractive investment for various development projects. Potential uses could include a car wash, daycare center, or other office and institutional buildings. Please note that some utility easements traverse the property. The asking price is $299,000, translating to a land value of $2.34 per square foot. This is a rare opportunity to acquire a sizable tract of land in a rapidly growing area with high development potential.

Property profile

Verified
Property type Land
Lot 2.93 ac (127,631 SF)

Cap rate & NOI

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

Location

Cliffdale & Bunce Rd 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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