469 Posey Farm Road Raeford, NC $ 10,500,000
469 Posey Farm Road
$ 10,500,000
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469 Posey Farm Road

Raeford, NC, 28376
$ 10,500,000
Bedrooms-- Baths-- Sq 30,000

Monthly Estimate*

$ 64,650

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Commercial Property for sale in Raeford, NC

for $10,500,000. This 30,000 square foot building was built in 2023 on a lot size of 16.11.

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.

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Commercial Active

Price

$ 10,500,000

Property Type

Commercial

Taxes

$ 35,571

Style

Improved

Lot Size

16.11

Year Built

2023

Town/City

Raeford

County/Region

Hoke

MLS | Web ID

100569450

Features
General
Heating Electric
Zoning RA-20
Year Built 2023
Property Subtype Improved
Tax Year 2025
Current Use Commercial Meeting Hall
Taxes 35571.56
Location Freestanding
Parcel Number 494650301225
Business Type Commercial
County Hoke
New Construction N
Property Type Commercial Sale
In City Limits? (Y/N) N
HOA N
Attached Garage N
Subdivision Name Forest View
Garage Y/N N
Status Active
Directions Take 295 to Strickland Bridge Rd exit take exit head southwest on Strickland Bridge Rd continue onto Barefood Rd turn right onto Rockfish Rd turn left onto Posey Farm Rd continue 0.4 miles property o
City Raeford
Number Of Units Total 0
Lot Size Units Acres
Lot Size Square Feet 701752.0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Considered Y/N N
Standard Status Active
Tax Assessed Value 4391550
Legal Description A RAEFORD 4-178/5
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Exterior
Parking Features Private Parking Lot On Site Paved
Lot Size Area 16.11
Spa N
Building Area Total 30000
Lot Dimensions See Plat
Lot Size Acres 16.11
Road Surface Type Paved
Waterfront Y/N N
Road Frontage Type City Street State Road Paved
Crops Included Y/N N
Horse Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Total Baths 0
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Internal Only
Street Number 1 469
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* Excluded Features
List By
George Manley

Listing Agent

Carolina Summit Group, Llc

Broker

george@csgnc.com

Email

Affordability Calculator

$67,615
Per Month
96%
4%
0%
Monthly Principal & Interest
$64,650
Monthly Property Taxes
$2,964
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3960720 Elementary School
3960847 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2026$10,500,000 Listed Price

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469 Posey Farm Road, Raeford, NC, 28376 is a Commercial Property for sale at $10,500,000 with 30,000 sqft and a lot size of 16.11. 469 Posey Farm Road was built in 2023. The property's zip code is 28376 which is in Raeford, NC