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
Delayed Marketing?: No
Sub-Type: Unimproved Land
Garage: N/A
Sale/Lease: Sale
Stipulation of Sale: Standard
Status: Closed
Marketing Start Date: 2024-03-07
Listing Price: 3100000
Current Price: $2,800,000
Location Information
City Limits: No
Secondary Subdivision: N/A
Street #: 8290
Street Name: Fayetteville
Street Suffix: Road
County: Hoke
State/Province: NC
Zip Code: 28376
Subdivision: Not In Subdivision
Geo Lat: 35.030998
Geo Lon: -79.121434
Remarks and Showing
Sign on Property: Yes
Directions to Property: From Raeford, take Fayettevill Road/401 towards Fayetteville. Property located on corner of Fayetteville Road/401 and Pittman Grove Church Road.
Building Info
New Construction: No
Building/Ext Features
Lot Acres: 9
Lot SqFt: 392040
Lot Dimensions: See Remarks
Location Type: Mainland
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
Plat Book: 0
Plat Page: 0
Special Assessments: none
Tax Year: 2024
Zoning: HC
Cobra Zone: No
Year Built: 1965
Business Type
Commercial: 1
Current Use
Commercial: 1
Hotel/Motel: 1
Sale/Lease Includes
Buildings: 1
Land: 1
Lot Description
Corner Lot: 1
Road Type/Frontage
4+ Lanes: 1
Paved: 1
Public (City/Cty/St): 1
Location
Corner: 1
Heating System Fuel Source
See Remarks: 1
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
IDX
Last Updated: May - 02 - 2025
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