5955 Cliffdale RdFayetteville, NC 28314

  • Retail properties
  • 4,000 SF
For Lease
$30/SF/YR View listing

Property Details for 5955 Cliffdale Rd

Year built
1975
Lot size
1.88 AC
Property size (Sq ft)
4,000 SF
Zone code
LC
Property type
Retail properties
Property subtype
Other retail properties
APN
0407-76-5580
APU
407765580

Description

This exceptional retail property, located at 5955 Cliffdale Road in Fayetteville, North Carolina, offers 13,000 square feet of space in a brand-new development. The property sits on a 2.06-acre lot, zoned for Limited Commercial use with a corner portion in Mixed Residential 5. The entire building is currently vacant and available for lease. Individual units are approximately 1,625 square feet, making it ideal for a variety of retail or restaurant uses. This prime location boasts high visibility on Cliffdale Road, a major thoroughfare with an estimated daily traffic count of 31,500 vehicles. Its proximity to Skibo Road, Fayetteville's primary retail corridor, further enhances its accessibility and potential for success. The property is anticipated to be completed in the final quarter of 2025, presenting a unique pre-leasing opportunity for businesses seeking a strategic location within a thriving market. The property's APN is 0407765580 & 0407764602, and it's situated in the Fayetteville submarket of Cumberland County. This development will consist of two buildings, with five units in one and three in the other. Don't miss this chance to establish your business in this high-traffic area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,475,013
    6.5%
    $1,361,550
    7%
    $1,264,297
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,522,212
    Geo Method
    $2,313,763
  • Alternative Use

    Use
    Valuation
    Residential
    $1,148,519
    Hospitality
    $1,052,037
    Educational
    $875,282
    Medical
    $905,385
    Retail
    $1,361,550
5955 Cliffdale Rd, Fayetteville, North Carolina

Location Insight

City
Fayetteville
County
Cumberland
State
North Carolina
Latitude
35.0593
Longitude
-78.9746
CBSA code
22180
CBSA name
FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,226
$549,091
$150,374
$699,465
-
$549,091
$150,374
$699,465

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