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    OFF-MARKET
    Commercial real estate

    1864 Bingham Dr, Fayetteville, NC 28304

    13.63 ac lot
    Property ID
    US53-0654125
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 13.63 ac (593,723 SF)
    UPID US53-0654125
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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