2428 Owen DrFayetteville, NC 28306

  • Land
  • 0.69 AC
For Lease

Property Details for 2428 Owen Dr

Lot size
0.69 AC
Zone code
CC
Property type
Land
Property subtype
Commercial land
APN
0426-51-9334
APU
426519334

Description

This exceptional 0.69-acre commercial land parcel presents a unique investment opportunity in Fayetteville, North Carolina. Situated on Owen Drive in the Owen Dr Corridor submarket of Cumberland County, this property boasts 169 feet of road frontage, offering excellent visibility and accessibility. The lot is zoned CC (AOD), signifying its suitability for a variety of commercial developments within the Airport Overlay District. Its flat topography simplifies construction, and the shared driveway with the adjacent O'Reilly's parcel provides convenient access. The property's location within an Opportunity Zone further enhances its investment appeal. This site is ideal for developers seeking to build to suit or for those interested in a ground lease arrangement. The single-tenant zoning allows for focused development, minimizing complexities associated with multi-tenant properties. With its strategic location, favorable zoning, and convenient access, this property represents a compelling opportunity for commercial development in a thriving Fayetteville market. The address is 2428 Owen Dr, Fayetteville, NC 28306. The lot size is 0.69 acres.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,494,883
    Hospitality
    $7,781,267
    Educational
    $6,473,923
    Medical
    $6,696,571
    Retail
    $10,070,547
2428 Owen Dr, Fayetteville, North Carolina

Location Insight

City
Fayetteville
County
Cumberland
State
North Carolina
Latitude
35.0176
Longitude
-78.9134
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
$2,568
$191,869
-
$191,869
-
$191,869
-
$191,869

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