5236 Murchison RdFayetteville, NC 28311

  • Land
  • 1,600 SF
For Sale
$199,000 View listing

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
5236 Murchison Rd, Fayetteville, North Carolina

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

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
2019
$1,686
$129,810
-
$129,810
-
$129,810
-
$129,810

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