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8290 Fayetteville Road, Raeford, NC 28376

$2,800,000
Property Type: Comm Sale or Lease Lot Size (sq. ft.): 392,040 Status: Closed
Current Price: $2,800,000 List Date: 3/07/2024 Last Modified: 5/02/2025

Overview

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.

Listing Details MLS# 100431552

Contract Info

Delayed Marketing?
No
Marketing Start Date
2024-03-07
Sub-Type
Unimproved Land
Garage
N/A
Sale/Lease
Sale
Listing Price
3100000
Stipulation of Sale
Standard

Location Information

Street #
8290
Street Name
Fayetteville
Street Suffix
Road
County
Hoke
State/Province
NC
Zip Code
28376
City Limits
No
Subdivision
Not In Subdivision
Secondary Subdivision
N/A

Remarks and Showing

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

Building Info

New Construction
No

Legal and Taxes

Tax Assessed Value
1941420
Deed Book
1117
Deed Page
430
Legal
A.W. GARDNER JR.
Broker Owner
No
PID
494660101009
Tax Identifier
494660101009
Special Assessments
none
Tax Year
2024
Year Built
1965
Zoning
HC
Cobra Zone
No
Plat Book
No
Plat Page
No

Status Change Info

Under Contract Date
2024-05-01
Sold Date
2025-05-02

More Information

Building/Ext Features

Lot Acres
9
Lot SqFt
392040
Lot Dimensions
See Remarks
Location Type
Mainland

Business Type

Commercial
Yes

Current Use

Commercial
Yes
Hotel/Motel
Yes

Sale/Lease Includes

Buildings
Yes
Land
Yes

Lot Description

Corner Lot
Yes

Road Type/Frontage

4+ Lanes
Yes
Paved
Yes
Public (City/Cty/St)
Yes

Location

Corner
Yes

Heating System Fuel Source

See Remarks
Yes

Property Features

Business Type: Commercial Lot Description: Corner Lot Current Use: Commercial; Hotel/Motel Location: Corner Heating System Fuel Source: See Remarks
IDX
Listing Office: Carolina Summit Group, LLC
Last Updated: May - 02 - 2025
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