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    OFF-MARKET
    Commercial real estate

    2484 Gillis Hill Rd, Fayetteville, NC 28304

    3.66 ac lot
    Property ID
    US53-1150938
    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 Commercial real estate
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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