7.5 Ac Commercial Land; Hoke Loop Road & Raeford Road

PRICE: $1,500,000 Acreage: 7.50 • Zoning: LC - Limited Commercial • Traffic_count: 38500 VPD (NCDOT 2024) • Broker: Michael Paschal     Tel: 910-527-5990

This +/- 7.5-acre commercial land tract is strategically situated along Hoke Loop Road just north of the intersection of Raeford Road. The DOT has approved for a second light along Hoke Loop Road which will help facilitate access onto the site. This is a rectangular shaped lot that has relatively level topography. Zoned LC, this property presents an attractive opportunity for future commercial development in a well-established and heavily trafficked corridor. 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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