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Investment Highlights

  • 3.38-acre redevelopment opportunity
  • Signalized intersection of Grove St (Hwy 24) and Eastern Blvd (Bus 95)
  • 18,119 VPD on Eastern Blvd
  • Zoned LC and MR-5
  • 34,881 VPD on Grove Street

Executive Summary

411 N Eastern Blvd is a 3.38-acre redevelopment opportunity anchored by the long-standing Sandpiper Restaurant, a recognizable site with established visibility and access patterns. The parcel is mostly zoned LC (Limited Commercial-zoning district permits convenience store with gas sales and fast food with drive thru) and MR-5, providing flexibility for a range of commercial or mixed residential uses. Its expansive footprint and frontage along Grove Street and N Eastern Boulevard support multiple redevelopment uses, from c-store to fast food.
Located at a signalized intersection along Hwy 24 (Grove St), the property captures significant inbound traffic into Fayetteville, making it a highly visible gateway site. Grove Street carries 34,881 vehicles per day, while N Eastern Boulevard sees 18,119 vehicles daily, creating consistent exposure throughout the day. The surrounding area includes a mix of national retailers, service providers, and dense residential neighborhoods that support sustained consumer demand. Within a 5-mile radius, the population reaches approximately 72,664, with average household incomes up to $81,087, indicating a stable and growing customer base . Accessibility is currently right-in/right-out from Grove Street, with strong connectivity to the broader Fayetteville road network and regional traffic flow.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,698 SF
Building Class
C
Year Built
1970
Price
$3,842,036 CAD
Price Per SF
$441.71 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
3.38 AC
Opportunity Zone
Yes
Zoning
LC/MR-5 - Limited Commercial allows convenience store with gas sales and fast food with drive-thru
Parking
106 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
153’ on Bevil St

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

United Rentals
Herc Rentals
CrossFit
Truist
PNC Bank
ColorTyme

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0447-04-6577
  • 0447-04-7740
Land Assessment
$394,560 CAD
Improvements Assessment
$684,466 CAD
Total Assessment
$1,079,026 CAD
  • Listing ID: 40267929

  • Date on Market: 2026-04-23

  • Last Updated:

  • Address: 411 N Eastern Blvd, Fayetteville, NC 28301

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