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3910 BRAGG BOULEVARDf a y e t t e v i l l e , n o r t h c a r o l i n a
MIKE KEENVice President919.795.1944
mkeen@trademarkproperties.com
SHELLEY BHATIAReal Estate Advisor
910.273.8474sbhatia@trademarkproperties.com
FAYETTEVILLENORTH CAROLINA
property information
1001 Wade Avenue, Suite 300, Raleigh, NC 27605 • trademarkproperties.com • 919.782.5552
ADDRESS 3910 BRAGG BOULEVARD BRAGG BOULEVARD & BLANTON ROAD
CITY, STATE, ZIP Fayetteville, NC Fayetteville, NC
COUNTY Cumberland Cumberland
ACREAGE 37.25 acres 2.50 acres
SALES PRICE $6,490,440 $625,000
POTENTIAL USESRetailCommercialMultifamily
RetailCommercial
UTILITIES Water, sewer, power, gas Water, sewer, power, gas
PIN 0418-75-21910418-75-1881 0418-65-0476
ZONED 11 acres zoned MR-526.25 acres zoned CC CC
DOWNTOWNFAYETTEVILLE
SITE
N
FORTBRAGG
1001 Wade Avenue, Suite 300, Raleigh, NC 27605 • trademarkproperties.com • 919.782.5552
parcel map
ArcGIS Web Map
CCGIS \ ESRI CharlotteCCGIS
Parcels
Buildings
HydroPolygons
HydroPolygons
Cumberland2017.sid
Red: Band_1
Green: Band_2
Blue: Band_3
6/19/2019, 9:24:19 AM0 0.1 0.20.05 mi
0 0.2 0.40.1 km
1:6,000
CCGIS \ ESRI Charlotte | CCGIS | CC Planning & City of Fay Planning | CCGIS - TAX MAPPING | CCGIS\CCPlanning | CCGIS
BRAGG BLVD. (28,000 AADT)
26.25 ACRESZONED CC
11 ACRESZONED MR-52.5 ACRES
POND DRAINED
PAMALEE DR. (30,000 AADT)
PROPOSED TRAFFIC LIGHT
BLANTO
N RD. C
ONNECTI
ON
(PROPOSE
D)
BLANTON RD.
property description
1001 Wade Avenue, Suite 300, Raleigh, NC 27605 • trademarkproperties.com • 919.782.5552
The two properties are located along Bragg Boulevard between Fort Bragg and the downtown Fayetteville redeveloped mixed-use complex. Perfectly positioned for retail, service, and office development at the proposed signalized intersection of Bragg Boulevard and Blanton Road in the heart of Fayetteville, NC. The properties are located a few miles from the I-295 loop, providing easy access throughout the city and to I-95. Great visibility with 25,000 AADT on Bragg Boulevard. The proposed Blanton Road will connect Pamalee Drive (30,000 AADT) with Bragg Boulevard. 27,000+ homes within a three-mile radius. The property owner has provided stub-outs from Pamalee Drive and Bragg Boulevard and the City of Fayetteville has agreed to connect the roads on the property and improve the intersection with signal light.
Property is located within the Terry Sanford High School and Morganton Road Elementary school districts. Terry Sanford High School has been recognized as one of the top 25 high schools in North Carolina as published in the 2014 U.S. News and World Reports’ annual list of America’s Best High Schools for the second year in a row. Morganton Road Elementary was awarded the 2017-2018 NC Academic Growth Award.
ZONING
11 acres of the 37.25 acres is zoned Mixed Residential 5 (MR-5) District and the remaining 26.25 acres is zoned Community Commercial (CC) District.
Mixed Residential 5 (MR-5) District- has a wide variety of residential housing types at moderate to high densities, including single family detached or attached dwellings, two to four family dwellings, multifamily dwellings, and zero lot development subject to additional requirements. Lot area- 4,000 SF single family/ 55’ lot width, 1,000 SF per unit multifamily. 18 units per acre zero lot line.
Community Commercial (CC) District- Intended to accommodate a diverse range of medium-to-high-intensity retail, service, and office uses- e.g., shopping centers, convenience stores, retail sales establishment and heavier commercial use.
Public utilities are at the site and some engineering work has been performed.
conceptual plan
1001 Wade Avenue, Suite 300, Raleigh, NC 27605 • trademarkproperties.com • 919.782.5552
3701 LIMITED PARTNERSHIP, INC.
PRELIMINARY
*PRELIMINARY* - FOR REVIEW ONLY.
about fayetteville, north carolina
1001 Wade Avenue, Suite 300, Raleigh, NC 27605 • trademarkproperties.com • 919.782.5552
Officials throughout the city and county, from government, higher education, workforce development, health care, tourism and the military, have joined in a team effort to rebrand Fayetteville. A committee has been formed to develop a unified platform to promote the next chapters of Fayetteville, whose average citizen age of 29.9 is the youngest of any metro in the Carolinas.
In April 2019, Governing magazine, which covers politics and policy management, named Fayetteville “The Most Innovative City in the Country” and cited the city’s long term planning. Fayetteville has received the All-American City Award from the National Civic League three times. It is the sixth largest city in North Carolina. The unemployment rate is 5.2%. It is ranked Top 5 Defense Industry Development area as 8 of the top 10 defense contractors are located there.
FORT BRAGGThe properties are located two miles east of Fort Bragg. Fort Bragg is the largest US Army Base by population, serving a population of 52,280 active duty soldiers, 12,624 reserve components and temporary duty students, 8,757 civilian employees, 3,516 contractors, and 62,962 active duty family members. There are 98,507 Army retirees and family members in the area. Fort Bragg adds an additional $4.5 billion a year into the economy.
DOWNTOWN FAYETTEVILLEDowntown Fayetteville is being shaped into a vibrant town center.
Properties are located 3.5 miles east of the downtown redevelopment mixed-use complex which consists of a new 4,800-seat minor league baseball stadium, renovating the landmark Price Charles Hotel into residential apartments, adding another major-chain hotel, and 81,000 SF of office space.
CEDAR CREEK BUSINESS CENTERState certified, shovel-ready, 474-acre industrial park that’s fully served by state of the art infrastructure. Within State Development Zone, enhanced incentives offered by the state and local incentives of 50% reimbursement of property taxes for 10 years has generated interest with 74 requests for information from potential businesses interested in locating or expanding. In 2018, Campbell Soup and DHL Supply became park’s first tenant and is investing $40 million on a 627,000 SF distribution center.
demographics
1001 Wade Avenue, Suite 300, Raleigh, NC 27605 • trademarkproperties.com • 919.782.5552
POPULATION 3-MILE RADIUS
5-MILE RADIUS
10-MILE RADIUS
2019 Population 55,456 146,263 302,152
HOUSEHOLDS
2019 Households 26,267 65,182 124,409
2024 Projected Households 27,656 67,979 129,252
Owner-Occupied Housing Units 12,223 29,522 65,932
Renter-Occupied Housing Units 14,044 35,660 58,478
INCOME
2019 Average Household Income $62,294 $58,010 $61,889
2024 Projected Household Income $70,780 $66,346 $70,887
vicinity map
1001 Wade Avenue, Suite 300, Raleigh, NC 27605 • trademarkproperties.com • 919.782.5552
FORT BRAGG• Largest US Army Base by population• 52,280 active duty soldiers, • 12,624 reserve components and temporary
duty students• 8,757 civilian employees• 3,516 contractors• 62,962 active duty family members
FAYETTEVILLE TECH COMMUNITY COLLEGE• 4th largest community college in NC• Serves more than 41,000 students annually• Provides over 190 occupational, technical, general
education, college transfer, and continuing education programs
FAYETTEVILLE STATE UNIVERSITY• Public university• Historically black college • Strong history of commitment to the
education of African Americans• Enrollment of 3,905 undergraduate students
DOWNTOWN FAYETTEVILLE• Currently being redeveloped with mixed-use
complex which consists of a new 4,800-seat minor league baseball stadium
• Renovating the landmark Price Charles Hotel into residential apartments
• Adding another major-chain hotel• 81,000 SF of office space
METHODIST UNIVERSITY• Liberal arts college established in 1956• 2,400 students• $24 million of institutional scholarships
and grants given last year
RETAIL CORRIDOR• Bragg Blvd is a major thoroughfare into one the
busiest retail corridors in southeastern NC• $108 million a year spent on retail clothing apparel• $159 million a year spent on entertainment• $448 million a year spent on food
nearby retail
1001 Wade Avenue, Suite 300, Raleigh, NC 27605 • trademarkproperties.com • 919.782.5552
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