Back 407 Preston Avenue
Off Market

407 Preston Avenue

Fayetteville NC 28301

0.4 ac.
Land
Last sold for $18,250
MICHEAL GOGGINMICHEAL GOGGIN, last sold this property on 01 October 2026 after 1475 days on market.

Overview

A .4-acre vacant lot offering strong upside for builders, investors, and developers, with potential for subdivision into two individual buildable lots (buyer to verify with the City of Fayetteville Planning & Zoning). Water and sewer available at the road. Located within a federally designated Opportunity Zone (OZ 1.0), making it an attractive site for long-term development investment. Owner financing is available, offering flexible terms for buyers looking to move without traditional bank constraints. Contact listing agent for owner financing terms and additional site details.

Features

0.4 ac. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Fayetteville over the last 12 months, the estimated median property value of 407 Preston Avenue is $16k.

Median value
$16k
Estimated value range
$4k - $100k
Median days on market
35
Estimated value trend
-47%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Fayetteville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 407 Preston Avenue

2026
Sold
$18,250
01 Oct 2026 by MICHEAL GOGGIN, of Grant-Murray Homes

Happy sellers in Fayetteville

~%

We have insufficient information to provide an overview of customer satisfaction for Fayetteville. Viewing the agent profiles, reviews and sales for Fayetteville can provide insights for this location.

Local market activity for land plots in Fayetteville

In the last 12 months, 22 land plots similar to 407 Preston Avenue, have been sold.

This represents a 35% decrease in land plots sales when compared to the previous 12 months.

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