For Sale
$575,000

2535 Downing Rd Fayetteville, NC 28312

3.5-acre commercial land, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 3.5-acre commercial land parcel is strategically located at the corner of NC Highway 24 and Downing Road in Fayetteville, North Carolina (28312), offering unparalleled visibility and accessibility. Priced at $575,000 ($164,286/acre), this property boasts 274 feet of frontage along Highway 24, a major thoroughfare with high traffic volume. The majority of the land is zoned CC, with a smaller rear portion zoned HI, providing flexibility for various commercial developments. A significant advantage is the existing turn lane off Highway 24, ensuring easy ingress and egress. This level lot is ideally situated just before the I-95 on-ramp, benefiting from the high daily traffic count of 40,500 vehicles (2020 NCDOT data). While a small portion in the back is within the 500-year flood zone, the majority of the land is suitable for development. A sewer line runs along Downing Road, and the property falls within Fayetteville's jurisdiction. Its prime location makes it perfect for a variety of uses, including convenience stores with gas, truck stops, or industrial distribution centers. This is a rare opportunity to acquire a high-traffic, well-located commercial lot in a rapidly growing area.

Highlights

  • 3.5-acre commercial land parcel in Fayetteville, NC, at NC Highway 24 & Downing Road.
  • $575,000 purchase price ($164,286/acre).
  • 274 feet of Highway 24 frontage, high traffic volume.
  • Primarily CC zoning, with a smaller HI-zoned rear portion.
  • Existing turn lane off Highway 24 for easy access.
  • Level lot near I-95 on-ramp (40,500+ daily vehicles).

Property Details for 2535 Downing Rd

Property type
Land
Lot Size (sq. ft)
152,460 SF

Location Insight

City
Fayetteville
County
Cumberland
State
North Carolina
Latitude
35.0462482
Longitude
-78.8248175

FAQs

What type of property is this?
Land - 3.5-acre commercial land, prime location.
Where is the land located?
The property is located at 2535 Downing Rd Fayetteville, NC.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 3.5-acre commercial land parcel in Fayetteville, NC, at NC Highway 24 & Downing Road.; $575,000 purchase price ($164,286/acre).; 274 feet of Highway 24 frontage, high traffic volume.
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2535 Downing Rd
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