Property profile

161 Ellington Dr Raeford, NC 28376

OFF-MARKET
Other commercial real estate
Property ID
US53-0792378
2.27 ac lot
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is located near the intersection of NC Highway 211 and Plank Road in Hoke County, just outside Fort Bragg, in the Raeford, NC 28376 area. It is zoned for industrial use and consists of two parcels totaling approximately 2.44 acres, including Lot 1-B at about 0.17 acres, with access provided via the larger tract. The site contains existing structures, though no value is assigned to them, and it benefits from roadway frontage/visibility along NC 211 where reported traffic counts are approximately 9,600 vehicles per day in front of the property and approximately 11,500 vehicles per day at the intersection. NC 211 serves as a primary route between Raeford and Aberdeen/Moore County, and is described as undergoing upgrades to improve accessibility.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2.27 ac (98,881 SF)
APN 584970001112
UPID US53-0792378

Cap rate & NOI

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

Location

161 Ellington Dr Raeford, NC 28376-7727
Raeford metro Census 970201 FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$90k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$90k

Owner & transaction history

since 2025
Last sale
$3,000
1 recorded transaction
2025
Price N/A

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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