735 N. Reilly Road Property ID Number: 9499-61-2511
PRICE: $2,250,000 Acreage: 12.18 • Water: On Site • Sewer: On Site • Zoning: LC - Limited Commercial & SF-10 Single Family Residential • Frontage: 1,248 ft • Traffic_count: 19,000 Vehicles Per Day (NCDOT 2017) • Broker: Franklin Johnson Tel: 910.818.8400 Legal description: 12.18 ACRES CECIL B. HEAVNER RECOMBINATION; PLAT BOOK 128 PAGE 184 CUMBERLAND COUNTY REGISTRY
This is a 12.18 acre site that abuts Fort Bragg, the world’s largest military base by population. It is less than a half mile from the Fort Bragg South Gate and from the future I-295. This section of I-295 is expected to open in the fall of 2019. It has 1,248 feet of frontage on N. Reilly Road with a traffic count of 19,000+ vehicles per day (NCDOT, 2017). This number is projected to increase with the opening of I-295. The property is also conveniently located near Cross Creek Mall, Walmart, Sam’s Club and much more.
The property has water and sewer on site. It is zoned LC (Limited Commercial) and SF-10 (Single Family Residential). Currently the property is being used as multifamily, generating over $100,000 in income annually. The property can remain under its current use but it is the perfect site for redevelopment.