469 Posey Farm Road, Raeford, NC 28376 (MLS# 100569450)

469 Posey Farm Road, Raeford, NC 28376

New Listing

$10,500,000

Shahbain Farms Building Layout Mezzanine

Property Type: Comm Sale or Lease Square Footage: 30,000 Lot Size (sq. ft.): 701,752 Status: Active

Current Price: $10,500,000 List Date: 4/24/2026 Last Modified: 4/24/2026

Overview

Description

Shahbain Farms & Event Center offers an opportunity to acquire a +/- 30,000 SF facility on 16.11 acres in Raeford, NC. The property includes a main building and a smaller secondary building, both with expansive interior layouts, complemented by landscaped grounds featuring a palm-lined entrance, pond, fountain, and outdoor areas. Ample on-site parking accommodates high-capacity events, and the site is zoned RA-20. Conveniently located near Fayetteville and Southern Pines, this property provides a substantial special-purpose facility with significant acreage.

Listing Details MLS# 100569450

Contract Info

Delayed Marketing?: No
Marketing Start Date: 2026-04-24
Sub-Type: Improved
Garage: N/A
Sale/Lease: Sale
Listing Price: 10500000
List Price/SqFt: 350
Stipulation of Sale: Standard

Location Information

Street #: 469
Street Name: Posey Farm
Street Suffix: Road
County: Hoke
State/Province: NC
Zip Code: 28376
City Limits: No
Marketing City: Raeford
Subdivision: Forest View

Remarks and Showing

Directions to Property: Take 295 to Strickland Bridge Rd exit, take exit, head southwest on Strickland Bridge Rd, continue onto Barefood Rd, turn right onto Rockfish Rd, turn left onto Posey Farm Rd, continue 0.4 miles, property on the left
Sign on Property: No

Building Info

New Construction: No

BuildingExt Features

SqFt - Heated (Primary): 30000

Legal and Taxes

Tax Assessed Value: 4391550
Deed Book: 1444
Deed Page: 70
Legal: A RAEFORD 4-178/5
Broker Owner: No
PID: 494650301225
Tax Identifier: 494650301225
Plat Book: 04178
Plat Page: 0005
Total Real Estate Property Taxes: 35571.56
Special Assessments: none
Tax Year: 2025
Year Built: 2023
Zoning: RA-20
Cobra Zone: No

More Information

Building/Ext Features

# of Units: 0
Fireplace Y/N: No
Lot Acres: 16.11
Lot SqFt: 701752
Lot Dimensions: See Plat
SqFt - Total Available: 30000
Location Type: Mainland

Business Type

Commercial: Yes

Current Use

Commercial: Yes
Meeting Hall: Yes

Parking Features

On Site: Yes
Parking Lot: Yes
Paved: Yes
Private: Yes

Sale/Lease Includes

Buildings: Yes
Land: Yes

Road Type/Frontage

Paved: Yes
Public (City/Cty/St): Yes

Location

Freestanding: Yes

Heating System Fuel Source

Electric: Yes

Property Features

Business Type: Commercial Parking Features: On Site; Parking Lot; Paved; Private Current Use: Commercial; Meeting Hall Location: Freestanding Heating System Fuel Source: Electric

IDX

Listing Office: Carolina Summit Group, LLC

Last Updated: April - 24 - 2026

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