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4024 Sycamore Dairy Rd 3.5 Acres of Commercial Land Offered at $3,500,000 in Fayetteville, NC 28303
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 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Hotel |
| No. Lots | 1 | Total Lot Size | 3.50 AC |
| Property Type | Land | ||
| Zoning | C1P - CC - Commercial | ||
| 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 | Lot Size | 3.50 AC |
| Price Per AC | $1,000,000.00 |
| 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.
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Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 0418-22-8447 | Improvements Assessment | $57,418 |
| Land Assessment | $728,717 | Total Assessment | $786,135 |
Property Taxes
Parcel Number
0418-22-8447
Land Assessment
$728,717
Improvements Assessment
$57,418
Total Assessment
$786,135
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4024 Sycamore Dairy Rd