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6985 Raeford Rd - Development-Ready Retail Pad 1.23 Acres of Commercial Land Offered at $1,350,000 in Fayetteville, NC 28304

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INVESTMENT HIGHLIGHTS

  • 1.23-acre LC-zoned outparcel
  • 148' Frontage on Raeford Rdv
  • 30,386 vehicles per day on Raeford Rd
  • Part of Food Lion-anchored center

EXECUTIVE SUMMARY

6985 Raeford Road offers a 1.23-acre parcel zoned LC (Limited Commercial), ideally suited for high-demand users such as quick-service restaurants, banks, coffee shops, and car wash operators. The property includes approximately 148' of frontage along Raeford Road and sits as an outparcel to an active Food Lion-anchored shopping center, benefiting from built-in retail synergy. Recent engineering reports confirm the site is development-read, see Broker for reports. With a daily traffic count of 30,386 along Raeford Road and excellent ingress/egress from three public rights-of-way—Raeford Road, Festival Drive, and Nexus Court—the site is highly visible and easily accessible for consumer traffic.
The property sits within Fayetteville’s established Raeford Road corridor, approximately one mile from the I-295 Outer Loop, providing fast access to the broader metro area. The immediate trade area includes dense residential neighborhoods with a 5-mile population nearing 145,000 and an average household income of $105,524 within a one-mile radius. Raeford Road serves as a primary east-west arterial, linking Fayetteville’s suburban growth zones with downtown, making this site a natural choice for retailers looking to tap into both commuter and local customer bases. Surrounded by schools, medical offices, and retail services, the site is well-situated to support high-frequency visitation and sustained consumer demand.

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER AC
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

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

PROPERTY FACTS

Price $1,350,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Hospitality
  • Auto Repair
  • Bank
  • Carwash
  • Convenience Store
  • Daycare Center
  • Department Store
  • Drugstore
  • Fast Food
  • Healthcare
  • Hotel
  • Medical
  • Neighborhood Center
  • Restaurant
  • Retail Warehouse
  • Self Storage
Total Lot Size 1.23 AC
Zoning LC - Limited Commercial

1 LOT AVAILABLE

Lot

Price $1,350,000
Price Per AC $1,097,560.98
Lot Size 1.23 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9496-57-5779
Land Assessment
$378,353 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$378,353 (2024)
  • Listing ID: 35635445

  • Date on Market: 4/25/2025

  • Last Updated:

  • Address: 6985 Raeford Rd, Fayetteville, NC 28304

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