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5103 Raeford Rd - Elmwood Center 0.65 Acres of Commercial Land Offered at $699,000 in Fayetteville, NC 28304
Investment Highlights
- Hard-corner site providing strong visibility within a major commercial corridor.
- Fully impervious parcel that requires no stormwater detention, reducing upfront construction cost and risk.
- Water and sewer utilities available on site to support a wide range of commercial uses.
- Completed site plan supporting a drive-thru coffee concept for accelerated development timelines.
- Rear access to two nearby signalized intersections for enhanced circulation and stacking efficiency.
- Strong traffic exposure with 36,000 vehicles per day along Raeford Road.
Executive Summary
The property benefits from 36,000 vehicles per day, providing strong visibility and traffic exposure. Dual rear access points to two signalized intersections enhance circulation, stacking potential, and overall site efficiency—critical factors for QSR, automotive, or other high-turnover users. Existing water and sewer utilities on site further streamline the development timeline.
Zoned CC (Community Commercial), the site supports a variety of retail, service, and automotive-oriented uses. Its access profile makes it ideal for operators seeking high visibility and frictionless ingress and egress. Positioned at a prominent corner within a robust retail corridor, the property presents a compelling land development opportunity at a competitive asking price of $699,000.
Property Facts
| Price | $699,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.65 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | CC - Commercial | ||
| Price | $699,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.65 AC |
| No. Stories | 1 |
| Zoning | CC - Commercial |
1 Lot Available
Lot
| Price | $699,000 | Lot Size | 0.65 AC |
| Price Per AC | $1,075,384.62 |
| Price | $699,000 |
| Price Per AC | $1,075,384.62 |
| Lot Size | 0.65 AC |
±0.657-acre commercial hard-corner site along Raeford Road .
Description
5103 Raeford Road is a strategically positioned commercial land parcel designed for efficient, low-barrier development in the heart of Fayetteville’s thriving Raeford Road corridor. The ±0.657-acre site occupies a highly visible hard corner, where strong traffic volumes and established co-tenancy patterns create an attractive setting for retail and service-driven concepts. With a completed site plan supporting a drive-thru coffee operation, the property is well-aligned with the corridor’s consumer demand and traffic dynamics. Because the property is already completely impervious, developers avoid the cost and delay associated with stormwater detention, while on-site utilities ensure minimal infrastructure investment. Rear access to two nearby signalized intersections significantly improves stacking capability and driver maneuverability, key considerations for both QSR and automotive-oriented users. Zoned Community Commercial, the parcel supports a wide array of uses and offers flexibility for operators seeking frontage, visibility, and a friction-free layout. Its combination of location strength, development readiness, and reduced sitework requirements positions it as one of the more efficient small-parcel opportunities in the Fayetteville market. Interior photos or floor plans are not included in this brochure.
Property Taxes
| Parcel Number | 0417-00-8391 | Improvements Assessment | $1,159,890 |
| Land Assessment | $454,584 | Total Assessment | $1,614,474 |
Property Taxes
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5103 Raeford Rd - Elmwood Center
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