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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)



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.
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 |
-
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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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 | Rentable Building Area | 1,400 SF |
| Price Per SF | $228.50 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1982 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Truck Terminal | No. Dock-High Doors/Loading | 14 |
| Building Class | C | Cross Streets | Murchison St |
| Lot Size | 3.81 AC | Opportunity Zone |
Yes
|
| Zoning | CC - Community Commercial | ||
| 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
1 1
Property Taxes
| Parcel Number | 0428-76-6107 | Improvements Assessment | $134,375 |
| Land Assessment | $224,167 | Total Assessment | $358,542 |
Property Taxes
Parcel Number
0428-76-6107
Land Assessment
$224,167
Improvements Assessment
$134,375
Total Assessment
$358,542
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3.8 AC CC-Zoned Redevelopment Opportunity | 519 Springfield Rd
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