MULTIFAMILY DEVELOPMENT OPPORTUNITY | FAYETTEVILLE, NC

The property is located at 6565 Cliffdale Road in Fayetteville along a heavily traveled corridor characterized by numerous apartment communities and supporting commercial development. The site is located between four of Fayetteville’s busiest corridors, providing convenient connectivity to major employment centers, retail, services, and residential areas throughout the market. The property also benefits from convenient access to the completed I-295 corridor, providing efficient connectivity throughout Fayetteville and to Fort Bragg. Future residents would benefit from convenient access to shopping, dining, services, and everyday destinations throughout this established area of Fayetteville. The combination of approximately 21.75+/- acres, utility availability, interstate accessibility, and surrounding development makes this property noteworthy for investors and developers considering a higher-density residential project.6565 Cliffdale Road offers approximately 21.75+/- acres with compelling potential for a large-scale multifamily development along one of Fayetteville’s established apartment corridors. The property is currently zoned SF-10, and a higher-density multifamily development would require rezoning, providing a developer the opportunity to pursue a site plan and density suited to the property and surrounding growth patterns. Water and sewer are reported at or on the property, an important advantage when evaluating future residential development. Approximately two acres of the site consist of a pond, creating the potential for an attractive water feature that could be incorporated into the community design, with select units oriented toward the water. Three commercial outparcels are also available, offering additional development opportunities along the corridor; the outparcels are not currently priced and are subject to offer. With substantial acreage, available utilities, commercial outparcel opportunities, and a setting surrounded by residential and commercial uses, the property offers a strong foundation for developers evaluating the next generation of housing along the Cliffdale Road corridor.