5236 Murchison RdFayetteville, NC 28311
- Land
- 1,600 SF
Property Details for 5236 Murchison Rd
- Year built
- 1955
- Lot size
- 1.70 AC
- Property size (Sq ft)
- 1,600 SF
- Zone code
- CC
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 0429-25-0144
- APU
- 429250144
Description
This exceptional 2.42-acre commercial land parcel presents a compelling investment opportunity in Fayetteville, North Carolina. Strategically located on Murchison Road, this property boasts 580 feet of high-visibility road frontage, offering excellent exposure for any commercial venture. The site comprises two parcels: a 1.70-acre lot zoned CC and an adjacent 0.72-acre lot zoned LI, providing versatility for a range of development options. Its proximity to I-295 and Fort Liberty (formerly Fort Bragg) ensures high traffic volume and a strong potential customer base. The asking price is $199,000, translating to approximately $82,222 per acre. This prime location is ideal for retail, office, or mixed-use development, making it an attractive proposition for both land and retail investors seeking a high-return investment in a rapidly growing area. The property's zoning (CC/LI) allows for diverse commercial uses, maximizing its potential. This is a rare opportunity to acquire a substantial commercial land holding in a highly desirable location with excellent access to major transportation arteries and a significant population center. Don't miss this chance to secure a piece of Fayetteville's thriving commercial landscape. The address is 5236 Murchison Rd, Fayetteville, NC 28311.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $459,364
- Hospitality
- $420,775
- Educational
- $350,080
- Medical
- $362,120
- Retail
- $544,569
Location Insight
- City
- Fayetteville
- County
- Cumberland
- State
- North Carolina
- Latitude
- 35.1105
- Longitude
- -78.9263
- 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
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