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7339 Fayetteville Rd - Fayetteville Road Commercial Land 48.69 Acres of Commercial Land Offered at $1,659,000 in Raeford, NC 28376
Investment Highlights
- 47+ acres along Hwy 401
- Surrounded by new subdivisions
- Strong residential growth corridor
- Preliminary 95-lot site plan
- Near Fayetteville and Fort Bragg
Executive Summary
These two parcels total more than 47 acres available for sale along Fayetteville Road (US Hwy 401) in one of Hoke County’s fastest-growing corridors. Located minutes from Raeford, Fayetteville, and Fort Bragg, the property offers an excellent opportunity for residential subdivision development. A preliminary site plan illustrates the potential for up to 95 residential lots and three commercial outparcels, subject to rezoning approval. The property is currently zoned RA-20, and a portion of the eastern section is located within the flood zone; additional details and mapping are available through the listing agent. Numerous new residential communities surrounding the site continue to drive growth and housing demand throughout the area.
Positioned along Hwy 401 between Fayetteville and Raeford, the property provides convenient access to major employment and healthcare centers throughout the region. FirstHealth Hoke Community Hospital is approximately 1.5 miles west of the site, while Cape Fear Valley Health Pavilion Hoke is approximately 1.7 miles east. Within a 5-mile radius, the area has more than 45,000 residents with average household incomes approaching $90,000, reflecting strong residential growth and long-term development potential. Continued expansion throughout the corridor makes this an attractive opportunity for future residential and mixed-use development.
Positioned along Hwy 401 between Fayetteville and Raeford, the property provides convenient access to major employment and healthcare centers throughout the region. FirstHealth Hoke Community Hospital is approximately 1.5 miles west of the site, while Cape Fear Valley Health Pavilion Hoke is approximately 1.7 miles east. Within a 5-mile radius, the area has more than 45,000 residents with average household incomes approaching $90,000, reflecting strong residential growth and long-term development potential. Continued expansion throughout the corridor makes this an attractive opportunity for future residential and mixed-use development.
Property Facts
| Price | $1,659,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 48.69 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | RA-20 | ||
| Price | $1,659,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 48.69 AC |
| No. Stories | 1 |
| Zoning | RA-20 |
1 Lot Available
Lot
| Price | $1,659,000 | Lot Size | 48.69 AC |
| Price Per AC | $34,072.70 |
| Price | $1,659,000 |
| Price Per AC | $34,072.70 |
| Lot Size | 48.69 AC |
494560201336, 494560201338
Description
The property at 7339 Fayetteville Road comprises two parcels totaling approximately 47.4 acres. It is located along US Highway 401 in Hoke County, North Carolina, between the cities of Raeford and Fayetteville. The site is currently zoned RA-20, and part of the property lies within a flood zone area. Surrounding uses include single-family residential neighborhoods and medical facilities. The location offers direct roadway access and is approximately 1.5 to 1.7 miles from two regional hospitals. The submarket features ongoing development activity with anticipated residential growth.
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $205,190 | |
| Land Assessment | $675,300 | Total Assessment | $880,490 |
Property Taxes
Parcel Numbers
Land Assessment
$675,300
Improvements Assessment
$205,190
Total Assessment
$880,490
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