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    311 Hay St Fayetteville, NC 28301

    Sponsored
    For Sale
    $259,000

    High-visibility corner location, great investment.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 259,000 USD commercial condominium is situated on a high-visibility corner in the vibrant heart of downtown Fayetteville, North Carolina. The unit boasts an abundance of glass, maximizing natural light and providing excellent street presence. Its prime location ensures significant foot and vehicular traffic, benefiting from the bustling activity of the downtown area. The property is ideal for a savvy investor seeking a strong return or an end-user looking for a prominent space to establish their business. The surrounding area is experiencing significant revitalization, with key developments such as Segra Stadium and the planned Art Center contributing to increased foot traffic and economic growth. These ongoing improvements to the downtown streetscape further enhance the property's value and potential. The unit's strategic location offers easy access to a wide range of businesses and amenities, making it an attractive proposition for a diverse range of commercial ventures. This is a rare opportunity to acquire a well-positioned commercial property in a rapidly developing downtown core. The property is a retail space, though the exact square footage is not currently available. The lot size is 0 acres.

    Property Features for 311 Hay St

    General Information

    Property type
    Retail properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Michael Rayburn SEO Internet Marketing Service The Cave Halotherapy & Spa ... Spa

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Law Firm Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.88154
    Latitude
    35.05351

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    FAQs

    What type of property is this?
    Retail property - High-visibility corner location, great investment.
    Where is this retail property located?
    The property is located at 311 Hay St Fayetteville, NC.
    What is the asking price?
    The asking price for this property is $259,000.
    (910) 829-1617
    Request Owner's contact information
    311 Hay St Fayetteville, NC 28301
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    Fayetteville, NC 28301
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    Realmo Value Estimation

    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.

    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.

    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
    311 Hay St Fayetteville, NC 28301
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