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$10,500,000

  • For Sale
  • Active
  • Commercial
  • 30,000 Sq. Ft.
  • 16.11 Acres
  • Updated 15 hours 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
  • Taxes: $35,571 (2025)
  • Status: Active
  • Type: Commercial
  • Source: 2253
  • MLS ID: 100569450
  • Updated: 5/13/2026
  • Added to Site: 22 day(s) ago

Business

  • Business Type: Commercial

Parking

  • Parking Features: Private, Parking Lot, On Site, Paved

Location

  • County: Hoke
  • Subdivision: Forest View
  • Driving Directions: 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

Heating & Cooling

  • Heating Type: Electric

Structural Information

  • Square Feet: 30,000
  • Current Bldg. Use: Commercial, Meeting Hall
  • Year Built: 2023

Lot Features

  • Lot Size (Acres): 16.11
  • Lot Size (Sq. Ft.): 701,752
  • Lot Dimensions: See Plat
  • Frontage: City Street, State Road, Paved, Paved
  • Zoning: RA-20

Financial Considerations

  • For Sale: Yes
  • Price Per Sq. Ft.: $350
  • For Sale/Rent/Lease: Sale
  • Assessment Amount: $4,391,550
  • Tax Amount: $35,571.56
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: A RAEFORD 4-178/5
  • Property ID: 494650301225
  • Block: 5

Listed by Carolina Summit Group, LLC, George Manley and Carolina Summit Group, LLC, Holly Spofford Bell

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Listing agents

— 469 Posey Farm Rd —

  • George Manley

    Carolina Summit Group, LLC

  • Holly Spofford Bell

    Carolina Summit Group, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

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
Get Price Alerts and Save Property
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

Get Pre-Approved

Listed by Carolina Summit Group, LLC, George Manley and Carolina Summit Group, LLC, Holly Spofford Bell

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