Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    703 Fayetteville St Asheboro, NC 27203

    Sponsored
    For Sale
    $515,000

    Prime Retail Location, High Visibility, 2.29 Acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional retail property, located at 703 N Fayetteville Street in Asheboro, NC, presents a unique investment opportunity. Boasting approximately 2.29 acres of land and an impressive 250 feet of road frontage, this site benefits from significant visibility and accessibility. The property's strategic location ensures high traffic exposure, with an average daily traffic count of 16,000 vehicles in 2018, as documented. A stop light entrance further enhances convenience for customers. The property is zoned B2/R10, offering flexibility for a variety of retail uses. A comprehensive environmental report is available for review, providing transparency and due diligence support for potential buyers. This property's combination of high traffic volume, excellent visibility, and ample land area makes it an ideal location for a thriving retail business. Further details and information are available at Allentate.com. The asking price for this exceptional opportunity is $515,000. Don't miss this chance to secure a prime retail location in a growing market.

    Property Features for 703 Fayetteville St

    General Information

    Property type
    Retail properties
    Lot Size
    99,752 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Asheboro
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.81119
    Latitude
    35.71725

    Nearby Similar for Sale

    • $1,500,000

      Turn-Key Childcare Facility in Asheboro

      Meticulously maintained childcare facility with approved playground areas for sale.
      312 W Ward St, Asheboro, NC 27203
      View Details
    • $379,900

      Versatile Building with Extra Lot

      Building with extra lot suitable for various business uses.
      1449 Old Liberty Rd, Asheboro, NC 27203
      View Details
    • $850,000

      Asheboro Central Business District Property

      Three buildings on over one acre in Asheboro's business district.
      314 N Fayetteville St, Asheboro, NC 27203
      View Details
    • $1,699,000

      Asheboro Investment Property For Sale

      Leased investment property suitable for retail, office, or other uses.
      2013 S Fayetteville St, Asheboro, NC 27203
      View Details
    • $349,900

      Office Building Near Downtown Asheboro

      Brick office building suitable for various uses near downtown.
      379 S Cox St, Asheboro, NC 27203
      View Details
    • $495,000

      Two-Story Brick Building on Highway

      Two-story brick building with excellent highway exposure in Asheboro, NC.
      3313 Us Highway 64 E, Asheboro, NC 27203
      View Details
    • $675,000

      Turnkey Restaurant Opportunity For Sale

      Turnkey restaurant with full kitchen, drive-thru, and indoor/outdoor dining.
      3219 Old Nc Highway 49, Asheboro, NC 27205
      View Details
    • $2,700,000
      7,341 SF

      Ambulatory Surgery Center For Sale

      Leased to Moses Cone Hospital until December 2027.
      724 Thomas St, Asheboro, NC 27203
      View Details
    • $1,500,000

      Retail Location on East Dixie

      Retail building with high traffic and multi-tenant potential.
      1530 E Dixie Dr, Asheboro, NC 27203
      View Details
    • $625,000
      2,554 SF

      Turnkey Restaurant Opportunity For Sale

      Ready-to-go restaurant with full kitchen, drive-thru, and dining areas.
      3219 Nc Highway 49, Asheboro, NC 27205
      View Details
    • $399,000

      Commercial Building with Warehouse Space

      Commercial building suited for service businesses or small-scale manufacturing.
      2244 Us Highway 64, Asheboro, NC 27203
      View Details
    • $350,000

      Medical Office Near Randolph Hospital

      Healthcare office space next to Randolph Hospital, Asheboro, North Carolina.
      147 Macarthur St, Asheboro, NC 27203
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Retail Location, High Visibility, 2.29 Acres
    Where is this retail property located?
    The property is located at 703 Fayetteville St Asheboro, NC.
    What is the asking price?
    The asking price for this property is $515,000.
    (336) 633-1333
    Request Owner's contact information
    703 Fayetteville St Asheboro, NC 27203
    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.
    703 Fayetteville St
    Asheboro, NC 27203
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    703 Fayetteville St Asheboro, NC 27203
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.