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Investment Highlights

  • ±30,000 SF event facility on 16.11 acres
  • Ample on-site parking supporting high-capacity events
  • Landscaped venue setting with pond, fountain & palm-lined entranc
  • Convenient location near Fayetteville and Southern Pines in Raeford

Executive Summary

Shahbain Farms & Event Center offers an opportunity to acquire a +/- 30,000 SF facility on 16.11 acres in Raeford, NC. The property includes a main building and a smaller secondary building, both with expansive interior layouts, complemented by landscaped grounds featuring a palm-lined entrance, pond, fountain, and outdoor areas. Ample on-site parking accommodates high-capacity events, and the site is zoned RA-20. Conveniently located near Fayetteville and Southern Pines, this property provides a substantial special-purpose facility with significant acreage.

Property Facts

Price $14,478,870 CAD
Price Per SF $482.63 CAD
Sale Type Owner User
Property Type Specialty
Property Subtype Lodge/Meeting Hall
Building Class B
Lot Size 16.19 AC
Building Size 30,000 SF
No. Stories 1
Year Built 2023
Zoning RA-20 - Residential Agricultural
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
494650301225
Land Assessment
$316,398 CAD
Improvements Assessment
$5,825,553 CAD
Total Assessment
$6,141,950 CAD
  • Listing ID: 40281953

  • Date on Market: 2026-04-24

  • Last Updated:

  • Address: 469 Posey Farm Rd, Raeford, NC 28376

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