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5956 Camden & 0000 Camden Rd - Ground Lease or BTS Corner Opportunity with T

5.1 Acres of Commercial Land Offered at £1,491,210 in Fayetteville, NC 28306

Investment Highlights

  • 5.1 Acre Site
  • Utilities close to site
  • Can be rezoned
  • Directly across from Millstone Cinema Plaza
  • Great for several uses- C- store, retail, fast food, multifamily, etc
  • Owners are willing to subdivide

Executive Summary

This 5.1 acre site sits right in front of Millstone Cinema Plaza on Camden Rd. A four way traffic light sits in front of the site dividing the property into approximately a 1.2 Acre site and a 3.9 Acre site. Utilities are very close. This site has been long awaiting to come on the market, and boasts many good uses such as convenience store, food, retail, etc. The property will have to be rezoned as it has always been a home site. Owners will sub-divide for the right deal. Millstone plaza is highly successful with many tenants as well as a Putt-Putt entertainment facility. This site would be terrific for food, grocery, gas, etc.

Property Facts

Price £1,491,210
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Restaurant
Total Lot Size 4.96 AC
Cross Streets 0000 Camden Road

1 Lot Available

Lot

Price £1,491,210
Price Per AC £292,394
Lot Size 5.10 AC

Nice rectangle at signalized intersection over 5 acres, can subdivide .

Description

This 5.1± acres of raw land is located directly across from the Millstone Shopping Center & Cinema. Camden Rd is scheduled to be widened to accommodate the 19,000+ VPD driving by this property. 5956 Camden Rd is a 5.1± acre site available for sale at $1,890,000 ($370,588/AC). This land sits directly in front of Millstone Cinema Plaza along Camden Rd and is ripe for commercial development. A four-way traffic light sits in front of the site dividing the property into two separate parcels of approximately 1.2 acres & 3.9 acres. Utilities are close and can be pulled to the parcels. This site has been long awaiting to come to market with over 630' of frontage along Camden Rd. A multitude of uses will succeed here including convenience store, restaurant, retail, multifamily, and others. Beyond the traffic coming to and from Hope Mills, this site feeds off the multitude of housing developments in the area, including Kensington Village, Castlefield at Millstone, and more. For most commercial uses, the property will need to be rezoned from residential. Neil Grant has experience rezoning parcels in Cumberland County and the owners are willing to subdivide for the right deal.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0404-78-2177
Land Assessment
£75,622
Improvements Assessment
£0
Total Assessment
£75,622

zoning

Zoning Code C(P)/CZ (C(P)/CZ)
C(P)/CZ (C(P)/CZ)
  • Listing ID: 13426731

  • Date on Market: 08/08/2018

  • Last Updated:

  • Address: 5956 Camden & 0000 Camden Rd, Fayetteville, NC 28306

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