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
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.
More Information MLS# 100431552
Contract Info
Status: Closed
Delayed Marketing?: No
Marketing Start Date: 2024-03-07
Sub-Type: Unimproved Land
Garage: N/A
Sale/Lease: Sale
Listing Price: 3100000
Current Price: $2,800,000
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
Geo Lat: 35.030998
Geo Lon: -79.121434
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
Status Change Info
Under Contract Date: 2024-05-01
Sold Price: $2,800,000
Sold Date: 2025-05-02
Property Features
Business Type: Commercial
Lot Description: Corner Lot
Current Use: Commercial; Hotel/Motel
Location: Corner
Heating System Fuel Source: See Remarks
Listing Office: Carolina Summit Group, LLC
Last Updated: May - 02 - 2025
Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.