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3.8 AC CC-Zoned Redevelopment Opportunity 519 Springfield Rd 1,400 SF Industrial Building Fayetteville, NC 28301 $319,900 ($228.50/SF)

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Investment Highlights

  • 3.81 acres zoned Community Commercial (CC)
  • Multifamily potential: up to 24 units/acre
  • Existing 4,100 SF improvements on site
  • Minutes from Fayetteville State University campus

Executive Summary

Positioned on 3.81 acres zoned Community Commercial (CC), 519 Springfield Road offers a highly adaptable redevelopment opportunity in a rapidly evolving corridor of Fayetteville. The site includes a 1,400-square-foot office structure and a 2,700-square-foot covered terminal with 15 dock-high positions, offering immediate utility or potential for demolition and reuse. With zoning that allows for multifamily residential development up to 24 units per acre, this property supports high-density housing, as well as a wide range of commercial and institutional uses—including healthcare, child care, religious, and educational facilities. Expansive paved yard areas and existing utility connections provide a head start for developers seeking to minimize sitework timelines. Whether repositioned for income-generating multifamily or reimagined for a specialty-use campus, the flexibility and scale of this parcel make it a compelling infill opportunity.
Located just minutes from I-295 and the All American Freeway, the property offers seamless access to Fort Liberty, downtown Fayetteville, and regional employment centers. The surrounding area benefits from a diverse economic base supported by institutions like Fayetteville State University, Cape Fear Valley Medical Center, and major retail anchors. Within a five-mile radius, the population exceeds 116,000 with a daytime population of over 161,000—providing a robust customer and workforce pool. The average household income in the same radius stands at $76,517, with projected growth approaching $90,000 by 2029, underscoring sustained demographic momentum. The property’s urban setting is supported by public infrastructure and nearby amenities, offering strong fundamentals for both residential and service-based redevelopment.

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $319,900
Price Per SF $228.50
Sale Type Owner User
Property Type Industrial
Property Subtype Truck Terminal
Building Class C
Lot Size 3.81 AC
Rentable Building Area 1,400 SF
No. Stories 1
Year Built 1982
Tenancy Single
No. Dock-High Doors/Loading 14
Cross Streets Murchison St
Opportunity Zone Yes
Zoning CC - Community Commercial

Amenities

  • Bus Line
  • Fenced Lot
  • Signage

Property Taxes

Property Taxes

Parcel Number
0428-76-6107
Land Assessment
$224,167
Improvements Assessment
$134,375
Total Assessment
$358,542
  • Listing ID: 35568348

  • Date on Market: 4/20/2025

  • Last Updated:

  • Address: 519 Springfield Rd, Fayetteville, NC 28301

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