1864 Bingham Dr, Fayetteville, NC 28304
This exceptional 13.63-acre commercial land parcel presents a remarkable investment opportunity in Fayetteville, North Carolina. Located at 1864 Bingham Dr, this property boasts an enviable position at the corner of Lakeridge Drive, benefiting from a newly installed stoplight system ensuring high visibility and accessibility. The lot offers extensive road frontage exceeding 800 feet and a depth of over 700 feet, providing ample space for development. The property is zoned R-10, and utilities including water, sewer, and natural gas are conveniently located at the property line. The seller is willing to subdivide the land to accommodate various development plans. This site is ideally suited for a range of commercial uses, including grocery stores, fast-food restaurants, and convenience stores. The area demonstrates strong demographics, with a population of over 10,000 within one mile, 65,700 within three miles, and 154,375 within five miles. The average household income within a three-mile radius is $60,000, indicating a robust consumer base. This prime location, combined with its size and accessibility, makes this property an exceptional opportunity for commercial development in a thriving market. The address is 1864 Bingham Dr, Fayetteville, NC 28304, in Cumberland County.
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.