Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    554 S Cool Spring St Fayetteville, NC 28302

    Sponsored
    For Lease
    $2,464 /Mo

    COMMERCIAL - Fayetteville, NC

    Property size:
    8,448 SF
    Lot size:
    40.00 Acres
    Days on Market:
    5
    Last Refresh:
    Feb 27 at 8:06 pm

    Property Features for 554 S Cool Spring St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    0436-59-8673
    Size
    8,448 SF
    Lot size
    40.00 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Building materials
    MetalSiding, Steel

    We can help!

    Listing Contact
    RUDOLPH "LEE" SINGLETON

    CAPE FEAR COMMERCIAL (910) 344-1002

    Listing agent RUDOLPH "LEE" SINGLETON (910) 344-1002 License #305324

    Listing date Feb 23, 2026

    MLS# 757800

    Copyright © 2026 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Fayetteville Warehouse Space For Lease

    This +/-8,448 SF warehouse building is available for lease and is located one mile from HWY-87 on the southern edge of Downtown Fayetteville, North Carolina. The landlord owns over 40 acres surrounding the buildings, potentially allowing for expanded parking and improved access. The pricing is based on the current "as-is" condition, and the base rent would be adjusted if improvements are required. The buildings are equipped with sprinklers but do not have bathrooms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Law Firm Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Economy Self-Storage, Patterson Record Storage Center, Allstar Moving & Storage Co Inc, International Moving & Storage, AAA Storage Co Inc

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.880132
    Latitude
    35.040336

    Nearby Similar for Lease

    • New
      $3,500 /Mo
      3,600 SF

      Fayetteville Flex Space Available

      Flex space with warehouse and office, near I-95.
      2978 Gillespie St, Fayetteville, NC 28306
      View Details
    • New
      $1,820 /Mo
      1,185 SF

      Fayetteville Retail and Office Space

      Retail and office spaces available in Fayetteville, North Carolina.
      1047 Murchison Rd, Fayetteville, NC 28301
      View Details
    • $3,075 /Mo

      Modern Office Space For Rent

      Move-in ready office space with ample parking and great visibility.
      4250 Clinton Rd, Fayetteville, NC 28312
      View Details
    • $1,750 /Mo
      933 SF

      Downtown Fayetteville Office Space Available

      Lower-level office space in revitalizing downtown Fayetteville.
      125 Person St, Fayetteville, NC 28301
      View Details
    • $1,800 /Mo

      Office and Garage Space Available

      Office and garage space for rent in Fayetteville, NC.
      7670 Raeford Rd, Fayetteville, NC 28304
      View Details
    • $1,500 /Mo
      1,199 SF

      Fayetteville Commercial Suite For Rent

      Well-located commercial suite suitable for personal service or professional use.
      5114 Yadkin Road Ext, Fayetteville, NC 28303
      View Details
    • $500 /Mo

      Fayetteville Office Space For Rent

      Second floor office space with natural light and included utilities.
      1314 Raeford Rd, Fayetteville, NC 28305
      View Details
    • $450 /Mo

      Fayetteville Office Space For Rent

      Small office space available in Fayetteville, North Carolina.
      5511 Raeford Rd, Fayetteville, NC 28304
      View Details
    • $4,063 /Mo
      1,625 SF

      Future Retail Space on Cliffdale

      New shopping center units for lease near Skibo Road.
      5955 Cliffdale Rd, Fayetteville, NC 28314
      View Details
    • $7,500 /Mo
      10,000 SF

      Fayetteville Office, Showroom, Warehouse Space

      10,000 SF office, showroom, and warehouse space for lease.
      404 Chicago Dr, Fayetteville, NC 28306
      View Details
    • $1,100 /Mo

      Fayetteville Commercial Space For Rent

      Commercial space for rent in Fayetteville, North Carolina.
      1009 Marlborough Rd, Fayetteville, NC 28304
      View Details
    • $4,063 /Mo

      Retail Space in Future Shopping Center

      New retail spaces available in Fayetteville, completion estimated Q4 2026.
      5955 Cliffdale Rd, Fayetteville, NC 28314
      View Details

    FAQs

    What type of property is this?
    Warehouse - 8,448 SF warehouse space available near Downtown Fayetteville.
    Where is this warehouse located?
    The property is located at 554 S Cool Spring St Fayetteville, NC.
    What is the lease rate?
    The lease rate is $2,464 /Mo.
    What are key features of this property?
    This property features: - +/-8,448 SF of warehouse space available for lease.; - Located one mile from HWY-87.; - Landlord owns over 40 acres for parking/access improvements, offering potential for expansion.
    (910) 624-5561
    Request Owner's contact information
    554 S Cool Spring St Fayetteville, NC 28302
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    554 S Cool Spring St
    Fayetteville, NC 28302
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    554 S Cool Spring St Fayetteville, NC 28302
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    RUDOLPH "LEE" SINGLETON
    Real Estate License ID: 305324
    (910) 624-5561 (910) 344-1002
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!