1.86 Acre Outparcel Available-Montibello Shopping Center

Vacant Land for Sale
Catylist Listing ID: 29982773
Property Subtypes: Office, Retail, Retail-Pad, Self Storage
Gross Land Area: 1.86 Acres
Sale Price: $651,000
Unit Price: $350,000 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 10/31/2017

Overview / Comments

1.86 Acre Outparcel for Sale located next to the Montibello Shopping Center in Fayetteville, NC.

This property in directly in front of Montibello Shopping Center on Cliffdale Road. This area is underserved for fast food, automotive and other users. The area is growing with a 8.6% projection by 2020 in population size.

Additional Details

Nearest MSA: Fayetteville
County: Cumberland
Tax ID/APN: 9487-56-6026
Zoning: NC
Property Located Between: Cliffdale Road & Raeford Road
Property Visibility: Excellent
Legal Description: MAJ PT OUTPARCEL 1 MONTIBELLO SHOPPING CTR (1.79 ACS)
Largest Nearby Street: Rim Road
Feet of Frontage: 237
Traffic/Vehicle Count: 10,500
Highway Access: Nearest major highway is Highway 401 to the South
Airports: FAY 13 miles
Area Description: Increased commercial development in the area has consisted mostly of single and multi-family housing. Increased rooftops in the nearby neighborhoods will only increase traffic counts and pedestrian traffic around this property.
Lot Frontage: 242
Lot Depth: 334
Zoning Description: City of Fayetteville - NC - Neighborhood Commercial
Topography: Level
Available Utilities: Internet Access

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,626 50,638 119,195
Median Age: 27.55 30.03 30.66
Households: 3,075 19,071 45,054
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