8290 Fayetteville Road Raeford, NC ^$ 3,100,000

8290 Fayetteville Road

^$ 3,100,000

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8290 Fayetteville Road

Raeford, NC, 28376

^$ 3,100,000

Studio Baths0.0

Monthly Estimate*

^$ 21,654

8290 Fayetteville Road, Raeford, NC 28376 - Image 1

8290 Fayetteville Road, Raeford, NC 28376 - Image 2

Studio

Commercial Property for sale in Raeford, NC

for $3,100,000. This building was built in 1965 on a lot size of 9.

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.

Commercial Active

Price

^$ 3,100,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial

Lot Size

Year Built

1965

Town/City

Raeford

County/Region

Hoke

MLS | Web ID

100431552

Features

Exterior

Lot Description Corner Lot

Lot Dimensions See Remarks

Lot Acres 9.00

Road Type/Frontage 4+ Lanes Paved Public (City/Cty/St)

General

Possession At Closing

current use Commercial Hotel/Motel

Zoning HC

New Construction No

Subdivision Not In Subdivision

County Hoke

Stipulation of Sale None

Property Type G

Location Corner

Tax Year 2024

Status Active

Lot Sqft 392040.00

Days on Market 51

City Limits No

Sub-Type Commercial

Year Built 1965

City Raeford

Location Type Mainland

Street Name Fayetteville

* Excluded Features

List By

George Manley

Listing Agent

Carolina Summit Group, Llc

Broker

george@csgnc.com

Affordability Calculator

$21,654

Per Month

Monthly Principal & Interest: $21,654
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Raeford, NC

Average List Price ^$967,313

Percent of Sale Price 69%

About Raeford, NC

5,285 Population

27% Since 2002

^$31,042 Median Income

40.81 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3960720 Elementary School

3960847 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/7/2024	$3,100,000		Listed Price

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8290 Fayetteville Road, Raeford, NC, 28376 is a Commercial Property for sale at $3,100,000 with a lot size of 9. 8290 Fayetteville Road is a studio with 0.0 baths and was built in 1965. The property's zip code is 28376 which is in Raeford, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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8290 Fayetteville Road

Commercial Property for sale in Raeford, NC

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