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$10,500,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • Updated 3 days ago
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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.

Full Property Details for 469 Posey Farm Rd

General

  • Price: $10,500,000
  • Status: Active
  • Type: Commercial
  • Source: 2218
  • MLS ID: LP761366
  • Updated: 4/24/2026
  • Added to Site: 4 day(s) ago

Location

  • County: Hoke

Heating & Cooling

  • Air Conditioning: Yes

Structural Information

  • Exterior Const.: Unknown
  • Year Built: 2023

Lot Features

  • Lot Features: Cleared
  • Zoning: RA-20 - Residential Agric

Disclosures and Reports

  • Property ID: 494650301225

Listed by Carolina Summit Group #1, HELEN BELL (910) 690-1065

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Listing agent

— 469 Posey Farm Rd —

  • HELEN BELL

    Carolina Summit Group #1

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 469 Posey Farm Rd

School District:Hoke County Schools
NameGradesDistance
Scurlock Elementary
775 Rockfish Road, Raeford, NC 28376
PK-53.3 mi
Sandy Grove Middle School
300 Chason Road, Lumber Bridge, NC 28357
6-83.5 mi
Sandhoke Early College High School
1110 East Central Avenue, Raeford, NC 28376
9-124.8 mi
Hoke County High
505 South Bethel Road, Raeford, NC 28376
9-126.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 469 Posey Farm Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/24/2026
Listed
$10,500,000
5733.33%
MLS
5/31/2022
Sold
$180,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 469 Posey Farm Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$35,572
184%
$4,391,550
184%
2024
$12,518
607%
$1,545,390
607%
2022
$1,771
3514%
$218,650
3544%
2021
$49
-2%
$6,000
—
2020
$50
—
$6,000
—
2019
$50
2%
$6,000
—
2016
$49
—
$6,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Carolina Summit Group #1, HELEN BELL (910) 690-1065

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469 Posey Farm Road, Raeford, NC 28376 (MLS# LP761366) is a Commercial property. 469 Posey Farm Road is currently listed for $10,500,000 and was received on April 24, 2026. Want to learn more about 469 Posey Farm Road? Do you have questions about finding other Commercial real estate for sale in Raeford? You can browse all Raeford real estate or contact a Coldwell Banker agent to request more information.

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