Listed by CAROLINA SUMMIT GROUP #1
Bought with Carolina Portico Inspections

$2,800,000

Est. payment -/mo

$3,100,000

9.7%

Est.Price: ?

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8290 Fayetteville Road Raeford, NC 28376

9 Acres Lot

SOLD DATE : 05/02/2025

Key Details

Sold Price $2,800,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID LP720941

Sold Date 05/02/25

Originating Board Triangle MLS

Year Built 1965

Lot Size 9.000 Acres

Acres 9.0

Property Description

Prime development opportunity on Fayetteville Rd/401, a pivotal commercial corridor linking Fayetteville and Raeford. This prime 9 +/- acre corner parcel, bordered by Hwy 401 and Pittman Grove Church Rd, boasts a daily traffic count of up to 30,000 passersby. The existing structures on the property hold minimal value. The surrounding area features a diverse mix of amenities, including a multi-family complex, retail centers, assisted living facilities, and a utility company. Additionally, its strategic location places it in close proximity to FirstHealth Moore Regional Hospital - Hoke and Cape Fear Valley Health Hoke Hospital.

Location

State NC

County Hoke

Zoning HC - Highway Commerical

Direction From Raeford, take Fayettevill Road/401 towards Fayetteville. Property located on corner of Fayetteville Road/401 and Pittman Grove Church Road.

Exterior

Utilities Available Natural Gas Available

Private Pool No

Building

Faces From Raeford, take Fayettevill Road/401 towards Fayetteville. Property located on corner of Fayetteville Road/401 and Pittman Grove Church Road.