5955 Cliffdale RdFayetteville, NC 28314
- Retail properties
- 4,000 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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