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    FOR SALE
    Commercial land

    6415 Fayetteville Rd, Raeford, NC 28376

    9.81 ac lot
    Entity Owned 8-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-4382830
    Property summary
    AI-generated overview

    This exceptional 9.81-acre commercial property located at 6415 Fayetteville Road in Raeford, North Carolina, presents a unique opportunity for investors and developers. The expansive land parcel offers significant potential for a variety of commercial ventures, given its size and strategic location within Raeford. The property's zoning (which should be independently verified) may allow for a range of uses, from retail and office spaces to light industrial or warehousing facilities. The substantial acreage provides ample room for building expansion and future development, accommodating large-scale projects or allowing for phased development to suit evolving business needs. Its location on Fayetteville Road offers excellent visibility and accessibility, ensuring high traffic exposure for any commercial enterprise established on the site. The property's current condition and any existing structures (if any) require independent assessment and due diligence. This is a rare opportunity to acquire a significant land holding in a growing area, offering substantial potential for long-term investment and return. Serious inquiries are encouraged to explore the possibilities this property presents. The asking price is $2,000,000. All interested parties are responsible for conducting their own due diligence and verifying all information provided.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 9.81 ac (427,541 SF)
    APN 494560301018
    UPID US53-4382830
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Richard Neeley Land Holdings LLC · 8 yrs held
    Richard Neeley Land Holdings LLC
    since 2017
    3 recorded transactions
    2017
    $1.9M
    2016
    2013
    $1.3M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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