Redevelopment Opportunity: 1.23-Acre High-Traffic Commercial Site on Raeford Rd

For Sale

3406 Raeford Rd, Fayetteville, NC 28303

This Fayetteville property for sale is located at 3406 Raeford Rd. The general use of Redevelopment Opportunity: 1.23-Acre High-Traffic Commercial Site on Raeford Rd is retail and it incorporates 10,953 square feet of class C retail space. The current listed sale price for Redevelopment Opportunity: 1.23-Acre High-Traffic Commercial Site on Raeford Rd is $1,292,500. Redevelopment Opportunity: 1.23-Acre High-Traffic Commercial Site on Raeford Rd is situated on a lot that is 1.23 acre in size.

Contacts

broker

Patrick Murray, CCIM, SIOR

Grant-Murray Real Estate

Property Details

  • Property Type Retail - Restaurant
  • Property Size 10,953 SF
  • Lot Size 1.23 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 90
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1963
  • Year Renovated 1963
  • Date Updated Oct 20, 2024
Positioned near the interchange of the All American Freeway and minutes from Cape Fear Valley Medical Center and Fort Liberty, the site is surrounded by an active workforce and a bustling daytime population. With over 92,000 people in the area during the day and an average household income of $80,383 within a 3-mile radius, the location offers strong consumer demand for retail and dining. This high-growth area of Fayetteville, known for its strategic connections and proximity to major employers, provides an ideal backdrop for a new commercial project. Whether it’s a QSR or another retail endeavor, developers can take full advantage of the surrounding traffic and economic activity.Located at 3406 Raeford Rd, Fayetteville, NC, this 1.23-acre property offers an exceptional opportunity for redevelopment. With 190 feet of prime frontage along Raeford Rd, which sees 33,000 vehicles daily, the site is ideal for new commercial projects, especially in the quick-service restaurant (QSR) sector. While the current 10,953-square-foot structure, built in 1963, has been used as a restaurant, its age and condition make the property more suitable for a fresh start. Zoned Limited Commercial (LC), the site allows for a wide variety of commercial applications, including drive-through restaurants. Investors and developers can capitalize on the high-traffic location and flexible zoning to create a modern and profitable commercial space. The property is listed for $1,292,500, reflecting its redevelopment potential in one of Fayetteville’s busiest corridors.

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Highlights

  • 1.23-acre site with 190 feet of Raeford Rd frontage.
  • High-traffic area with 33,000 daily vehicle count.
  • Zoned LC, permitting drive-throughs and other commercial uses.
  • Ideal for QSR or other retail redevelopment.
  • Near Cape Fear Valley Medical Center and Fort Liberty.
  • 2024 projected average household income: $80,383.

Getting around

  • 69/100

    Walk Score ®

  • 45/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Fayetteville, NC
  • Neighborhood Vanstory Hills - Tallywood
  • Zip Code 28303

Points of Interest

  • BP

    0.17 miles

  • BP

    0.27 miles

  • Speedway

    0.28 miles

  • Exxon

    1.01 miles

  • Exxon

    1.24 miles

  • Liberty

    1.25 miles

  • Kangaroo Express

    1.33 miles

  • Exxon

    1.37 miles

  • Valero

    1.69 miles

  • Exxon

    1.76 miles

  • Parking Deck

    3.27 miles

  • Sandhills Access Parking

    9.00 miles

  • El Tio

    0.01 miles

  • Weiner Works

    0.04 miles

  • Burney's Sweets & More

    0.08 miles

  • Mi Casita

    0.30 miles

  • Hardee's

    0.33 miles

  • Tropical Smoothie Cafe

    0.33 miles

  • Rise

    0.34 miles

  • Jimmy John's

    0.34 miles

  • Zaxby's

    0.37 miles

  • 316 Oyster Bar

    0.39 miles

  • Publix

    0.37 miles

  • Food Lion

    0.58 miles

  • Harris Teeter

    0.84 miles

  • ALDI

    1.24 miles

  • Food Lion

    1.68 miles

  • Kohl's

    1.74 miles

  • Boone Trail Thrift Mart

    1.97 miles

  • Food Lion

    1.98 miles

  • Marshalls

    1.99 miles

  • Sprouts Farmers Market

    2.03 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Patrick Murray, CCIM, SIOR

Grant-Murray Real Estate