2535 Downing Rd Fayetteville, NC 28312
- Commercial land
- 1.50 lot acres
Current Use by Public Records
- Commercial land
Property Details for 2535 Downing Rd
- Lot size
- 1.50 lot acres
- Zone code
- CC
- Property type
- Commercial land
- APN
- 0457-21-4841
- APU
- 457214841
Description
This exceptional 3.5-acre commercial land parcel is strategically located at the corner of NC Highway 24 and Downing Road in Fayetteville, North Carolina (28312), offering unparalleled visibility and accessibility. Priced at $575,000 ($164,286/acre), this property boasts 274 feet of frontage along Highway 24, a major thoroughfare with high traffic volume. The majority of the land is zoned CC, with a smaller rear portion zoned HI, providing flexibility for various commercial developments. A significant advantage is the existing turn lane off Highway 24, ensuring easy ingress and egress. This level lot is ideally situated just before the I-95 on-ramp, benefiting from the high daily traffic count of 40,500 vehicles (2020 NCDOT data). While a small portion in the back is within the 500-year flood zone, the majority of the land is suitable for development. A sewer line runs along Downing Road, and the property falls within Fayetteville's jurisdiction. Its prime location makes it perfect for a variety of uses, including convenience stores with gas, truck stops, or industrial distribution centers. This is a rare opportunity to acquire a high-traffic, well-located commercial lot in a rapidly growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Cumberland
- State
- North Carolina
- Longitude
- -78.8248
- Latitude
- 35.0463
- CBSA code
- 22180
- CBSA name
- FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA
