Brady Milligan - Coldwell Banker Advantage West - Coldwell Banker Sea Coast Advantage Realty Logo
$10,500,000
( $350.00Per Sq Foot )
 $54,773 est/mo Sourced by Back At You

469 Posey Farm Road,Raeford, NC 28376

Raeford, NC 28376

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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.

Details

MLS #100569450
Listing TypeFor Sale
StyleImproved
Sub-TypeResale
StatusActive
Year2023
Days On Site119
Listing Provided ByCarolina Summit Group, LLC | George Manley

Features

SQ Feet30,000
ZoningRA-20
Acreage16.11

Interior

Heating Yes / NoYes

Parking

Attached Garage Yes / NoNo
Parking FeaturesPrivate, Parking Lot, On Site, Paved

Taxes

Tax Assessed Value4391550
Tax Book Number04178
Tax Legal DescriptionA RAEFORD 4-178/5
Tax Year2025

Area Information

StateNC
CountyHoke
CityRaeford
Zip Code28376
Community NameForest View
Listing VS Median (in Forest View)
Price:
$10,500,000
low | high
Med:
$5,367,450
98.881428571429% of Average
sqft:
30,000
low | high
Med:
15,665
97.785% of Average
$ / sqft:
$350
low | high
Med:
$263
74.750080619155% of Average
On site:
119
low | high
Med:
85.5
100% of Average
Sourced by Back At You

Market Activity 28376

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Contact

Learn More About This Property

Brady Milligan

Brady Milligan

Coldwell Banker Advantage West

 (828) 620-8262brady@cbawest.com
StateNC
CountyHoke
CityRaeford
Zip Code28376
Community NameForest View
Listing VS Median (in Forest View)
Price:
$10,500,000
low | high
Med:
$5,367,450
98.881428571429% of Average
sqft:
30,000
low | high
Med:
15,665
97.785% of Average
$ / sqft:
$350
low | high
Med:
$263
74.750080619155% of Average
On site:
119
low | high
Med:
85.5
100% of Average
Sourced by Back At You
Listing Updated: June 22, 2026 at 11:24:56 AM PDT