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Investment Highlights

  • 5.5-acre site located in an Opportunity Zone with potential tax benefits.
  • Dual access from Owen Drive and Trailwood Drive for convenient site circulation.
  • Proximity to Crown Coliseum and Fayetteville Regional Airport.
  • Zoned R6A, R6, and LC (AOD), allowing for residential and light commercial uses.
  • High visibility with 36,000 vehicles per day on Owen Drive.
  • Surrounded by national retailers and service businesses.

Executive Summary

This 5.5-acre property, formerly a mobile home park, is now available for sale in an Opportunity Zone, offering significant tax advantages for investors. The site consists of three parcels with mixed zoning classifications, including R6A, R6, and LC within the Airport Overlay District, allowing for a range of residential and light commercial uses. The R6A zoning permits manufactured housing, providing flexibility for redevelopment.
The property features dual access points from Owen Drive and Trailwood Drive, enhancing ingress and egress options for future development. An existing utility easement with high-voltage power lines runs along the rear of the property. Located on the southbound side of Owen Drive near the intersection of Hwy 301/Business 95, the site benefits from strong traffic exposure with 36,000 vehicles per day.
Surrounded by national fast-food chains, retail businesses, and service providers, the property is less than a mile from the Crown Coliseum, a major regional event venue, and only 2.5 miles from Fayetteville Regional Airport. This location offers excellent connectivity and visibility, making it an attractive redevelopment opportunity for residential or mixed-use projects.

Property Facts

Price $514,046 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Residence
Total Lot Size 5.50 AC
Opportunity Zone Yes
Zoning R6A, R6 - Residential

1 Lot Available

Lot

Price $514,046 CAD
Price Per AC $93,462.95 CAD
Lot Size 5.50 AC

The property consists of approximately 5.5 acres of land located at 332 Star Lane in Fayetteville, North Carolina. It is composed of three parcels with zoning classifications R6A, R6, and LC within the Airport Overlay District.

Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0436-01-3652
  • 0436-01-3797
  • 0426-91-9541
Land Assessment
$189,409 CAD
Improvements Assessment
$0 CAD
Total Assessment
$189,409 CAD
  • Listing ID: 39747203

  • Date on Market: 2026-03-12

  • Last Updated:

  • Address: 332 Star Ln, Fayetteville, NC 28306

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