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Investment Highlights
- Prime 15.61-acre redevelopment assemblage
- Features 191 ft. of road frontage on Raeford Rd. & 435 ft. of road frontage on Louise St.
- Traffic count exceeding 45,000 VPD
Executive Summary
The 15.61-acre redevelopment assemblage consists of 10 parcels and features a traffic count exceeding 45,000 VPD. Current zoning consists of Light Industrial (LI – 6.89 acres), Single Family (SF 10 – 4.02 acres), and Multi-Family (MR5 – 4.70 acres). A significant portion of the property located within the 100-year flood zone has already been filled and elevated above base flood elevation by the owner to accommodate future development. The assemblage also features 191 ft. of road frontage on Raeford Rd. and 435 ft of road frontage on Louise St., providing dual-street access. Ideal uses range from a retail center, multi-family residential, mixed-use commercial, self-storage, or light industrial flex space.
The auto repair/salvage facility operates on approximately 7 acres of the 15.61 acres and consists of approximately 13,000SF total with 20+ bays spread across four buildings. Approximately 5 acres are used strictly for salvage vehicles. The automotive/salvage operation will not be subdivided from the overall 15.61-acre tract.
The property offers a highly visible commercial location along one of Fayetteville’s primary retail and commuter corridors and benefits from strong exposure, convenient access, and proximity to an established mix of national retailers, restaurants, service businesses, and residential communities. The location also provides excellent connectivity to greater Fayetteville, with convenient access to major transportation routes and nearby commercial centers. With strong visibility, an established commercial setting, and access to a substantial customer base, the property presents an exceptional location for commercial users seeking a prominent presence in the Fayetteville market.
Property Facts
1 Lot Available
Lot
| Lot Size | 15.61 AC |
| Lot Size | 15.61 AC |
Description
The property offers a highly visible commercial location along one of Fayetteville’s primary retail and commuter corridors and benefits from strong exposure, convenient access, and proximity to an established mix of national retailers, restaurants, service businesses, and residential communities. The location also provides excellent connectivity to greater Fayetteville, with convenient access to major transportation routes and nearby commercial centers. With strong visibility, an established commercial setting, and access to a substantial customer base, the property presents an exceptional location for commercial users seeking a prominent presence in the Fayetteville market.
Property Taxes
| Parcel Numbers | Improvements Assessment | $609,292 CAD | |
| Land Assessment | $679,059 CAD | Total Assessment | $1,288,351 CAD |
Property Taxes
Presented by
6006 Raeford Rd
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