10 Ac Commercial Land; Raeford Road & Hoke Loop Road

PRICE: $1,850,000 Acreage: 10.00 • Zoning: LC & OI - Limited Commercial & Office and Institutional • Traffic_count: 38500 VPD (NCDOT 2024) Raeford Road • Broker: Michael Paschal     Tel: 910-527-5990

Prime commercial land strategically situated on the eastern margin of Hoke Loop Road, just north of the intersection of Raeford Road. This tract is relevantly level with access onto Hoke Loop Road with additional access points at Bullsham Road and Clydesmill Road. This 10 acre site is ideally situated for multi-family development with density of 24 units per acre.
Approximately ±38,500 VPD along Raeford Road and ± 9,700 VPD along Hoke Loop Road. Conveniently located about 2 miles from Walmart, Lowe’s, Food Lion, and a wide variety of retail, restaurants, and services. Public Utilities in the area. Broker has ownership interest in the property.

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