Property profile

2484 Gillis Hill Rd Fayetteville, NC 28304

OFF-MARKET
Land
Property ID
US53-1150938
3.66 ac lot
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Property summary

AI-generated overview

This exceptional 3.66-acre commercial land parcel, located at 2484 Gillis Hill Rd, Fayetteville, NC 28304, presents a compelling investment opportunity. The property, encompassing two combined parcels, enjoys a prime location less than a mile from I-295, ensuring convenient access to Fort Liberty. This strategic positioning is further enhanced by the ongoing Gillis Hill Road expansion project and the development of a new four-lane corridor, significantly improving accessibility and visibility. The property's proximity to Highway 401 provides easy navigation throughout the greater Fayetteville Metro area. Surrounded by established major retailers, this site offers significant potential for a wide range of commercial ventures. Currently zoned AR, rezoning is required for commercial use. Essential utilities, including water and sewer services, are readily available, simplifying development plans. The asking price for this exceptional property is $749,000. This represents a unique chance to acquire a strategically located commercial land parcel in a rapidly growing area of Fayetteville, North Carolina. The Cumberland County location and proximity to key transportation arteries make this an ideal site for businesses seeking high visibility and convenient access.

Property profile

Verified
Property type Land
Lot 3.66 ac (159,430 SF)
UPID US53-1150938

Cap rate & NOI

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

Location

2484 Gillis Hill Rd Fayetteville, NC 28304
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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