5500 Ramsey St

Fayetteville, NC 28311

Listing ID: 197882
$185,000
For Sale
  • Property Type Land : Mixed Use Land
  • Lot Size Acres 2.200
  • Land Sq Ft 95,832
  • Land Price per Sq Ft $1.93
5500 Ramsey St - main image
5500 Ramsey St - alt image 2
Description

This 2.2+/- acres is located directly across from Methodist University on a prime commercial corridor on the west side of Ramsey Street. Property is zoned OI (Office and Institutional-profession business offices and low to moderate density residential use) near Kings Grant Subdivision, Methodist University and approximately 2 miles from Interstate 295 which serves as a bypass around the western side of Fayetteville and experiences a traffic volume of 34,000 vehicles per day (NCDOT 2017). There is 114+/- feet of frontage on Ramsey Street. There is also an additional one-acre parcel zoned OI beside this parcel with the entrance on Tallstone Drive.

This property is near multiple retail sites including Walmart, Lowes, Chick-fil-a, Panera Bread and many others. It is near Methodist University, which serves approximately 2,300 students, including 1,170 students who live on campus in the university’s 19 residence halls. Additionally, it is just minutes from Fayetteville Technical Community College, the fourth largest community college in Fort Bragg, the world’s largest military base by population, with more than 77,000 military and civilian employees. Active duty personnel, military families, and the local consumer base of residents and college students would all help drive sales at this site.

Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population6,65732,97456,484
Population Median Age343636
Population by Age0-9 Yrs741 (11%)4316 (13%)7540 (13%)
10-19 Yrs1090 (16%)4367 (13%)7455 (13%)
20-29 Yrs1572 (23%)6568 (19%)11546 (20%)
30-39 Yrs967 (14%)4579 (13%)7033 (12%)
40-49 Yrs565 (8%)3356 (10%)5894 (10%)
50-59 Yrs680 (10%)3701 (11%)6199 (10%)
60-69 Yrs635 (9%)3347 (10%)5537 (9%)
70+ Yrs408 (6%)2740 (8%)5280 (9%)
Median HH Income$45,896$45,672$40,468
Total Household Income< 24K670 (24%)3681 (26%)7151 (31%)
25-49K790 (29%)3752 (27%)6538 (28%)
50-74K567 (20%)2664 (19%)4126 (17%)
75-99K265 (9%)1451 (10%)2141 (9%)
100-199K384 (14%)1876 (13%)2585 (11%)
200K+43 (1%)313 (2%)399 (1%)
Highest Education LevelNo Diploma22615103401
Diploma or GED86846648954
Some College110959659725
Assoc. Degree51722143606
Bachelors Degree87442626045
Higher Degree43924363493
Total Housing Units3,31216,13627,362
--Owner-Occupied1,0876,26310,080
--Renter-Occupied1,6327,47312,861
Owner-Occupied Values< 100K12917243578
100-199K69628434191
200-299K17011001459
300-399K34258395
400-499K39176236
500K+19162220
Total Working Age Population5,39526,04844,744
In Work Force3,62016,79727,585
Not In Work Force1,7769,25117,159
Workforce Employed3,00713,74922,105
Workforce Unemployed2141,1182,198
Civlian Workforce3,22114,86724,302
Military Workforce3991,9313,283
Total Households2,71913,73622,941
Family Households1,4167,68312,832
Non-Family Households1,3036,05310,109
Married Couple1,0125,1637,950
Other Family4042,5214,882
Married w/Child4422,1183,203
Single Male w/Child88386601
Single Female w/Child1301,0332,057

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
North Carolina8,049,313+189,535,483+1210,647,005+1111,847,719
Cumberland County302,963+5319,431+3329,1670329,250

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Listing Agent
Malinda Craven Agent Photo

Malinda Craven

Franklin Johnson Commercial Re
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