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4024 Sycamore Dairy Rd 3.5 Acres of Commercial Land Offered at $3,500,000 in Fayetteville, NC 28303

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INVESTMENT HIGHLIGHTS

  • Great location
  • Potentially a hotel site
  • High visibility

EXECUTIVE SUMMARY

At the time of the subdivision, Buyer would be required to establish a road from the Sycamore frontage to the leased property in the rear, which would run between the subject property and CarMax

PROPERTY FACTS

Price $3,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Hotel
Total Lot Size 3.50 AC
Zoning C1P - CC - Commercial

1 LOT AVAILABLE

Lot

Price $3,500,000
Price Per AC $1,000,000.00
Lot Size 3.50 AC

Sycamore Dairy frontage back to car lot, 3.5 acres of a 7.2 acre parcel. Requires sub-division prior to conveyance.

DESCRIPTION

7+ acre parcel of which the back (northern-most) +/- 2.75 acres are leased, leaving an effective yield of approximately 3.5 acres fronting Sycamore Dairy Rd. Any development must include establishment of a road (of approximately 3/4 acre) to the leased portion of the current parcel. Visibility from The All-American Freeway in addition to the front visibility. Owner's opinion is that this is a viable hotel site. Preliminary studies and drawings have been done to affirm this opinion.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0418-22-8447
Land Assessment
$746,746
Improvements Assessment
$42,244
Total Assessment
$788,990
  • Listing ID: 28998255

  • Date on Market: 7/14/2023

  • Last Updated:

  • Address: 4024 Sycamore Dairy Rd, Fayetteville, NC 28303

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