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Investment Highlights
- Prime 15.61-acre redevelopment assemblage
- Dual-street accessibility
- Property elevated above base flood elevation
- Traffic count exceeding 45,000 VPD
- Features 191 ft. of road frontage on Raeford Rd. & 435 ft. of road frontage on Louise St.
Executive Summary
Grant-Murray Real Estate is pleased to present the exclusive offering of a prime 15.61-acre redevelopment assemblage (or turnkey automotive/salvage facility) located along the sought-after Raeford Road retail corridor in the Fayetteville Southwest Submarket. Featuring impressive acreage, high traffic count and visibility, dual-street accessibility, and exceptional location, this site offers a rare opportunity for investors, developers, and operators alike.
The 15.61-acre redevelopment assemblage consists of 10 parcels and features a traffic count exceeding 45,000 VPD. Current zoning consists of Light
Industrial (LI – 6.89 acres), Single Family (SF 10 – 4.02 acres), and Multi-Family (MR5 – 4.70 acres). A significant portion of the property located within
the 100-year flood zone has already been filled and elevated above base flood elevation by the owner to accommodate future development. The assemblage
also features 191 ft. of road frontage on Raeford Rd. and 435 ft of road frontage on Louise St., providing dual-street access. Ideal uses range from a retail
center, multi-family residential, mixed-use commercial, self-storage, or light industrial flex space.
The auto repair/salvage facility operates on approximately 7 acres of the 15.61 acres and consists of approximately 13,000SF total with 20+ bays spread
across four buildings. Approximately 5 acres are used strictly for salvage vehicles. The automotive/salvage operation will not be subdivided from the overall
15.61-acre tract.
The property offers a highly visible commercial location along one of Fayetteville’s primary retail and commuter corridors and benefits from strong exposure, convenient access, and proximity to an established mix of national retailers, restaurants, service businesses, and residential communities. The location also provides excellent connectivity to greater Fayetteville, with convenient access to major transportation routes and nearby commercial centers. With strong visibility, an established commercial setting, and access to a substantial customer base, the property presents an exceptional location for commercial users seeking a prominent presence in the Fayetteville market.
The 15.61-acre redevelopment assemblage consists of 10 parcels and features a traffic count exceeding 45,000 VPD. Current zoning consists of Light
Industrial (LI – 6.89 acres), Single Family (SF 10 – 4.02 acres), and Multi-Family (MR5 – 4.70 acres). A significant portion of the property located within
the 100-year flood zone has already been filled and elevated above base flood elevation by the owner to accommodate future development. The assemblage
also features 191 ft. of road frontage on Raeford Rd. and 435 ft of road frontage on Louise St., providing dual-street access. Ideal uses range from a retail
center, multi-family residential, mixed-use commercial, self-storage, or light industrial flex space.
The auto repair/salvage facility operates on approximately 7 acres of the 15.61 acres and consists of approximately 13,000SF total with 20+ bays spread
across four buildings. Approximately 5 acres are used strictly for salvage vehicles. The automotive/salvage operation will not be subdivided from the overall
15.61-acre tract.
The property offers a highly visible commercial location along one of Fayetteville’s primary retail and commuter corridors and benefits from strong exposure, convenient access, and proximity to an established mix of national retailers, restaurants, service businesses, and residential communities. The location also provides excellent connectivity to greater Fayetteville, with convenient access to major transportation routes and nearby commercial centers. With strong visibility, an established commercial setting, and access to a substantial customer base, the property presents an exceptional location for commercial users seeking a prominent presence in the Fayetteville market.
Property Facts
| Sale Type | Investment or Owner User | Building Size | 13,666 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Auto Salvage Facility | Year Built | 1975 |
| Building Class | C | Parking Ratio | 7.32/1,000 SF |
| Lot Size | 15.61 AC | Cross Streets | Skibo Rd |
| Zoning | LI/MR5/SF-10 | ||
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Auto Salvage Facility |
| Building Class | C |
| Lot Size | 15.61 AC |
| Building Size | 13,666 SF |
| No. Stories | 1 |
| Year Built | 1975 |
| Parking Ratio | 7.32/1,000 SF |
| Cross Streets | Skibo Rd |
| Zoning | LI/MR5/SF-10 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 0407-61-6286 | Improvements Assessment | $407,843 |
| Land Assessment | $350,167 | Total Assessment | $758,010 |
Property Taxes
Parcel Number
0407-61-6286
Land Assessment
$350,167
Improvements Assessment
$407,843
Total Assessment
$758,010
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