2+ AC Next to Hotel on Ramsey St
Listing was updated on: 09/04/2019
Property Overview
| Price/Rent PSF | $ 950,000.00 |
| Asset Type | Land |
| Trade Type | Sale & Lease |
| Acres Available | 2.04 |
| Spaces | Show |
| Date Available | 09/04/2019 |
| Additional URL | Link |
| Additional parameters | Show |
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Description
Location
The development is located along the southbound side of Ramsey St in the northern sub-market of Fayetteville, NC. It is located in the heart of where the majority of new commercial growth is occurring in this area of the city. The I-295 interchange is less than ten minutes north of the site and Methodist University is also just a few minutes to the north. Within a three mile radius of this site are over 39,000 residents with an average household income of $61,524 and a daytime population of 40,981.
Sale
The 2.04 acre parcel is available for sale at $950,000 or ground lease at $40,000/acre/year NNN. The owner will also consider a build to suit for qualified tenants. The parcel is a part of a new development along Ramsey St with a recently opened Fairfield Inn & Suites and a retail strip center which is nearly fully occupied. Utilities are available near the site and the parcel is served by a common stormwater pond.
Lease
The 2.04 acre parcel is available for sale at $950,000 or ground lease at $40,000/acre/year NNN. The owner will also consider a build to suit for qualified tenants. The parcel is a part of a new development along Ramsey St with a recently opened Fairfield Inn & Suites and a retail strip center which is nearly fully occupied. Utilities are available near the site and the parcel is served by a common stormwater pond.
Location