1.88 acres available on raeford rd 5303 raeford rd ......1.88 acres available on raeford rd 5303...

1 . 8 8 A C R E S AVA I L A B L E O N R A E F O R D R D5303 Raeford Rd , Fayettevi l le , NC 28304for more information G R E G S P E A R S

BrokerO: 910.829.1617 x213C: [email protected]

150 N. McPherson Church RdFayetteville, NC 28303

www.grantmurrayre.com

R ETAIL PROPERT Y FOR SALE

for more information G R E G S P E A R SBrokerO: 910.829.1617 x213C: [email protected]

OFFERING SUMMARY

Sale Price: $1,495,000

Lot Size: 1.88 Acres

Building Size: 500

Zoning: Commercial

Market: Fayetteville

Price / SF: $2990.00

Great 1.88 Acre commercial site on Raeford Rd. With 300 Feet Road Frontage. This site would begreat for a retail center, retail, fast food, restaurant, etc.

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS

• Zoned Commercial

• Total 1.88 Acre Lot

• Excellent visibility and frontage

• Several successful car dealerships and businesses near by

• Great site for car dealership, retail strip, restaurants, fast food,etc

Retail Site on Raeford Rd5 3 0 3 R A E F O R D R D , F AY E T T E V I L L E , N C 2 8 3 0 4

E XEC U T IVE SU MMA RY



A D D IT I O NA L PH OTOS



LO CAT I O N MA PS



R E TA I LER MA P

Executive Summary5303 Raeford Rd, Fayetteville, North Carolina, 28304 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 35.04252

Longitude: -78.96773

1 mile 3 miles 5 milesPopulation

2000 Population 9,132 71,887 147,5732010 Population 8,925 75,969 159,0552016 Population 8,655 77,718 166,1472021 Population 8,533 79,211 171,2282000-2010 Annual Rate -0.23% 0.55% 0.75%2010-2016 Annual Rate -0.49% 0.36% 0.70%2016-2021 Annual Rate -0.28% 0.38% 0.60%2016 Male Population 47.4% 47.6% 47.4%2016 Female Population 52.6% 52.4% 52.6%2016 Median Age 32.8 32.9 33.1

In the identified area, the current year population is 166,147. In 2010, the Census count in the area was 159,055. The rate of change since 2010 was 0.70% annually. The five-year projection for the population in the area is 171,228 representing a change of 0.60% annually from 2016 to 2021. Currently, the population is 47.4% male and 52.6% female.

Median Age

The median age in this area is 32.8, compared to U.S. median age of 38.0.Race and Ethnicity

2016 White Alone 41.4% 46.2% 45.8%2016 Black Alone 42.5% 38.3% 39.5%2016 American Indian/Alaska Native Alone 1.5% 1.3% 1.3%2016 Asian Alone 2.1% 4.0% 3.5%2016 Pacific Islander Alone 0.5% 0.5% 0.4%2016 Other Race 5.8% 4.3% 4.1%2016 Two or More Races 6.3% 5.6% 5.4%2016 Hispanic Origin (Any Race) 14.5% 12.8% 12.5%

Persons of Hispanic origin represent 12.5% of the population in the identified area compared to 17.9% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 71.3 in the identified area, compared to 63.5 for the U.S. as a whole.

Households2000 Households 3,627 27,984 56,6672010 Households 3,622 31,739 64,3972016 Total Households 3,552 32,881 67,9932021 Total Households 3,523 33,722 70,3722000-2010 Annual Rate -0.01% 1.27% 1.29%2010-2016 Annual Rate -0.31% 0.57% 0.87%2016-2021 Annual Rate -0.16% 0.51% 0.69%2016 Average Household Size 2.43 2.35 2.41

The household count in this area has changed from 64,397 in 2010 to 67,993 in the current year, a change of 0.87% annually. The five-year projection of households is 70,372, a change of 0.69% annually from the current year total. Average household size is currently 2.41, compared to 2.43 in the year 2010. The number of families in the current year is 43,356 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. Esri converted Census 2000 data into 2010 geography.

June 09, 2017

©2016 Esri Page 1 of 2

Executive Summary5303 Raeford Rd, Fayetteville, North Carolina, 28304 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 35.04252

Longitude: -78.96773

1 mile 3 miles 5 milesMedian Household Income

2016 Median Household Income $35,704 $42,356 $43,9122021 Median Household Income $35,139 $46,328 $49,2392016-2021 Annual Rate -0.32% 1.81% 2.32%

Average Household Income

2016 Average Household Income $45,161 $58,882 $59,7102021 Average Household Income $48,490 $63,331 $64,5252016-2021 Annual Rate 1.43% 1.47% 1.56%

Per Capita Income2016 Per Capita Income $18,551 $24,962 $24,6562021 Per Capita Income $20,007 $27,002 $26,7322016-2021 Annual Rate 1.52% 1.58% 1.63%

Households by IncomeCurrent median household income is $43,912 in the area, compared to $54,149 for all U.S. households. Median household income is projected to be $49,239 in five years, compared to $59,476 for all U.S. households

Current average household income is $59,710 in this area, compared to $77,008 for all U.S. households. Average household income is projected to be $64,525 in five years, compared to $84,021 for all U.S. households

Current per capita income is $24,656 in the area, compared to the U.S. per capita income of $29,472. The per capita income is projected to be $26,732 in five years, compared to $32,025 for all U.S. households Housing

2000 Total Housing Units 4,095 30,331 62,7032000 Owner Occupied Housing Units 2,041 16,166 33,2662000 Renter Occupied Housing Units 1,586 11,818 23,4012000 Vacant Housing Units 468 2,347 6,036




Currently, 43.7% of the 77,405 housing units in the area are owner occupied; 44.2%, renter occupied; and 12.2% are vacant. Currently, in the U.S., 55.4% of the housing units in the area are owner occupied; 32.9% are renter occupied; and 11.7% are vacant. In 2010, there were 71,061 housing units in the area - 47.9% owner occupied, 42.7% renter occupied, and 9.4% vacant. The annual rate of change in housing units since 2010 is 3.87%. Median home value in the area is $126,467, compared to a median home value of $198,891 for the U.S. In five years, median value is projected to change by 3.46% annually to $149,925.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. Esri converted Census 2000 data into 2010 geography.

June 09, 2017

©2016 Esri Page 2 of 2

1.88 acres available on raeford rd 5303 raeford rd ......1.88 acres available on raeford rd 5303...

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