735 Reilly RdFayetteville, NC 28303

Property Details for 735 Reilly Rd

Year built

1941

Construction

WOOD

Lot size

10.41 AC

Property size (Sq ft)

38,802 SF

Zone code

LC

Property type

Other commercial real estate

APN

9499-61-2511

APU

9499612511

Description

This exceptional 12.18-acre commercial land parcel in Fayetteville, North Carolina, presents a unique redevelopment opportunity. Located at 735 N Reilly Rd, this property boasts 1,248 feet of frontage on N. Reilly Road, offering unparalleled visibility and accessibility. Its strategic location near I-295 and the military base ensures high traffic volume and strong potential for various commercial ventures. Currently zoned LC (Limited Commercial), with a small portion zoned SF-10 (Single Family Residential), the property is currently generating a monthly rental income of $14,000 from multifamily use. However, its significant size and prime location make it ideal for a wide range of commercial developments. Utilities are readily available, with water and sewer already on-site. The seller is willing to subdivide the property to accommodate specific buyer needs, providing flexibility and customization options. This is a rare chance to acquire a substantial, income-producing property with immense growth potential in a thriving North Carolina market. The property is situated in Cumberland County, NC, zip code 28303.

• Alternative Use

  Use

  Valuation

  Residential

  $11,287,070

  Hospitality

  $10,338,895

  Educational

  $8,601,839

  Medical

  $8,897,670

  Retail

  $13,380,639

Location Insight

City

Fayetteville

County

Cumberland

State

North Carolina

Latitude

35.1009

Longitude

-79.012

CBSA code

22180

CBSA name

FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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