30.68 Acres of Commercial Land Offered
000 Fayetteville Rd & Wayside Road, Raeford, NC 28376
Sale: $4,295,200
https://www.loopnet.com/Listing/000-Fayetteville-Rd-Wayside-Road-Raeford-NC/27709369/
Investment Highlights:
- High traffic location
- Significant timber value, especially pulpwood, during land clearing
- Highly visible area
- Excellent visibility from both Fayetteville Rd (Hwy 401) and Wayside Road
Lot Availability:
- Price: $4,295,200
- Zoning: Commercial
- Lot Size: 30.68 Acres
- Price Per Acre: $140,000
- Frontage: 1200 feet on Fayetteville Rd and 500 feet on Wayside Rd
- Zoning: Currently zoned for commercial use, with potential for multifamily zoning
- Current Status: Planted in timber, specifically 15-year-old pines, thinned once
Description:
- Ideal for multifamily development
- Natural fit for commercial development due to location advantages, including a left turn lane just west of the property and a stop light at Wayside and Fayetteville.
