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$10,500,000
469 Posey Farm Road
Raeford, NC 28376
MLS# 100569450
30000 sqft


1 Shahbain Farms
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Property 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
Maps
Location Information
City Limits: No
Marketing City: Raeford
Street #: 469
Street Name: Posey Farm
Street Suffix: Road
County: Hoke
State/Province: NC
Zip Code: 28376
Subdivision: Forest View
Geo Lat: 34.98626
Geo Lon: -79.118862
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
Contract Info
Delayed Marketing?: No
Sub-Type: Improved
Garage: N/A
Sale/Lease: Sale
List Price/SqFt: 350
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2026-04-24
Listing Price: 10500000
Current Price: $10,500,000
Remarks and Showing
Sign on Property: No
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
Building Info
New Construction: No
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
Zoning: RA-20
Cobra Zone: No
Year Built: 2023
Business Type
Commercial: 1
Current Use
Commercial: 1
Meeting Hall: 1
Parking Features
On Site: 1
Parking Lot: 1
Paved: 1
Private: 1
Sale/Lease Includes
Buildings: 1
Land: 1
Road Type/Frontage
Paved: 1
Public (City/Cty/St): 1
Location
Freestanding: 1
Heating System Fuel Source
Electric: 1
BuildingExt Features
SqFt - Heated (Primary): 30000
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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