For Sale
$2,000,000

9605 Cliffdale RdFayetteville, NC 28304

90-Unit Approved Plan, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 4.13-acre commercial land parcel in Fayetteville, North Carolina, presents a remarkable opportunity for multifamily development. The property, located at 9605 Cliffdale Rd, 28304, boasts fully approved plans for a 90-unit apartment building, eliminating lengthy permitting processes and expediting project timelines. Situated off US 401 Hwy/Raeford Road, this site benefits from convenient access to major transportation arteries, including less than two miles to I-295 (Fayetteville Outer Loop) and 12 miles to I-95, ensuring seamless connectivity for residents. The property's strategic location within a rapidly growing area of Fayetteville offers significant potential for strong rental demand. Ample retail amenities are nearby, providing residents with convenient access to shopping and services. Furthermore, the proximity to Fort Liberty, the largest US Army base by population, guarantees a substantial and stable tenant pool. Water and sewer utilities are conveniently located to the north and west of the site. This turnkey development opportunity is offered at an attractive price of $2,000,000. Don't miss this chance to capitalize on the thriving Fayetteville market and build a highly profitable multifamily community.

Highlights

  • 4.13-acre site.
  • Approved plans for a 90-unit multifamily development.
  • Water and sewer utilities readily available.
  • Excellent location in a high-growth area with abundant retail amenities.
  • Convenient access to I-295 (less than 2 miles) and I-95 (12 miles).
  • Proximity to Fort Liberty, the US Army's largest base by population.

Property Details for 9605 Cliffdale Rd

Property type
Land, Apartment buildings
Lot Size (sq. ft)
179,903 SF
Units
90

Location Insight

City
Fayetteville
County
Cumberland
State
North Carolina
Latitude
35.02856066
Longitude
-79.06231484
9605 Cliffdale Rd, Fayetteville, North Carolina

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9605 Cliffdale Rd
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