9605 Cliffdale RdFayetteville, NC 28304

  • Land
  • 4.10 AC
For Sale
$2,000,000 View listing

Property Details for 9605 Cliffdale Rd

Lot size
4.10 AC
Zone code
CC
Property type
Land
Property subtype
Commercial land
APN
9486-15-5353
APU
9486155353

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $51,954,224
    Hospitality
    $47,589,788
    Educational
    $39,594,148
    Medical
    $40,955,848
    Retail
    $61,590,896
9605 Cliffdale Rd, Fayetteville, North Carolina

Location Insight

City
Fayetteville
County
Cumberland
State
North Carolina
Latitude
35.0286
Longitude
-79.0616
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
$10,939
$817,249
-
$817,249
-
$817,249
-
$817,249

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