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Paraclete Drive - 1.56 Acres of Land on Paraclete Drive 1.56 Acres of Commercial Land Offered at $750,000 in Raeford, NC 28376
Investment Highlights
- 31,500 VPD NCDOT 2024 Fayetteville Road
- Near residential neighborhoods, retail services, and Cape Fear Valley Hoke Hospital
- Located along the growing Fayetteville Road corridor
Executive Summary
Prime commercial land that offers +/- 235 Ft of frontage on Fayetteville Road (Hwy 401) and +/- 280 Ft of frontage on Paraclete Drive, providing excellent visibility and access. Conveniently located along the growing Fayetteville Road corridor, the property is near residential neighborhoods, retail services, and Cape Fear Valley Hoke Hospital. Which makes it an ideal location and flexible site for retail, medical, office, or service-oriented development. 31,500 VPD (NCDOT 2024) on Fayetteville Road and zoned HC - Highway Commercial.
Property Facts
| Price | $750,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.56 AC |
| Property Type | Land | Cross Streets | Fayetteville Road |
| Zoning | HC - Highway Commercial | ||
| Price | $750,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.56 AC |
| Cross Streets | Fayetteville Road |
| Zoning | HC - Highway Commercial |
1 Lot Available
Lot
| Price | $750,000 | Lot Size | 1.56 AC |
| Price Per AC | $480,769.23 |
| Price | $750,000 |
| Price Per AC | $480,769.23 |
| Lot Size | 1.56 AC |
Prime commercial land that offers +/- 235 Ft of frontage on Fayetteville Road (Hwy 401) and +/- 280 Ft of frontage on Paraclete Drive, providing excellent visibility and access. Conveniently located along the growing Fayetteville Road corridor.
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 494660201302 | Improvements Assessment | $0 |
| Land Assessment | $652,350 | Total Assessment | $652,350 |
Property Taxes
Parcel Number
494660201302
Land Assessment
$652,350
Improvements Assessment
$0
Total Assessment
$652,350
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