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Hwy 24 & Downing Rd 3.5 Acres of Commercial Land Offered at $575,000 in Fayetteville, NC 28312
INVESTMENT HIGHLIGHTS
- Full access and there is an existing turn lane off Hwy 24 in place.
- Perfect location for a convenience store with gas, truck stop, or industrial distribution use.
EXECUTIVE SUMMARY
2535 Downing Rd is a 3.5 acre parcel available for sale for $575,000. The property sits with on the corner of NC Hwy 24 and Downing Rd with274' frontage along NC Hwy 24. A majority of the land is zoned CC and a portion in the back is zoned HI. The land has full access and there is an existing turn lane off Hwy 24 in place. The land is the last corner before the on-ramp for I-95 travelled by 40,500 cars per day (2020 NCDOT).
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $575,000 | Lot Size | 3.50 AC |
| Price Per AC | $164,285.71 |
| Price | $575,000 |
| Price Per AC | $164,285.71 |
| Lot Size | 3.50 AC |
DESCRIPTION
The land is level and a small portion in the back sits in the 500-year flood zone. This is a perfect location for a convenience store with gas, truck stop, or industrial distribution use. There is a sewer line that runs along Downing Rd and the property is in the Fayetteville jurisdiction.
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PROPERTY TAXES
| Parcel Number | 0457-21-4841 | Improvements Assessment | $0 |
| Land Assessment | $80,447 | Total Assessment | $80,447 |
PROPERTY TAXES
Parcel Number
0457-21-4841
Land Assessment
$80,447
Improvements Assessment
$0
Total Assessment
$80,447
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Hwy 24 & Downing Rd
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