3406 Raeford Rd - Freestanding FOR SALE


Fayetteville, NC 28303
$1,292,500 USD
910-988-5284
3406 Raeford Rd, Fayetteville, NC for Sale
$1,292,500 USD
Freestanding - FOR SALE
1/8
null | Request Cap Rate

3406 Raeford Rd
Fayetteville, NC 28303


HIGHLIGHTS

  • 1.23-acre site with 190 feet of Raeford Rd frontage.
  • High-traffic area with 33,000 daily vehicle count.
  • Ideal for QSR or other retail redevelopment.
  • Zoned LC, permitting drive-throughs and other commercial uses.
  • Near Cape Fear Valley Medical Center and Fort Liberty.

OVERVIEW

Located at 3406 Raeford Rd, Fayetteville, NC, this 1.23-acre property offers an exceptional opportunity for redevelopment. With 190 feet of prime frontage along Raeford Rd, which sees 33,000 vehicles daily, the site is ideal for new commercial projects, especially in the quick-service restaurant (QSR) sector. While the current 10,953-square-foot structure, built in 1963, has been used as a restaurant, its age and condition make the property more suitable for a fresh start. Zoned Limited Commercial (LC), the site allows for a wide variety of commercial applications, including drive-through restaurants. Investors and developers can capitalize on the high-traffic location and flexible zoning to create a modern and profitable commercial space. The property is listed for $1,292,500, reflecting its redevelopment potential in one of Fayetteville’s busiest corridors.

FOR SALE DETAILS

PRICE

$1,292,500 USD

PRICE/SF

$118 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

1.23-Acre Redevelopment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

LC

APN/PARCEL ID

0417817223

ASK ABOUT THIS PROPERTY

Patrick Murray, CCIM, SIORGrant-Murray Real Estate LLCMore Info
910-988-5284

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Patrick Murray, CCIM, SIORGrant-Murray Real Estate LLCMore Info
910-988-5284

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.