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Two-Level Mixed-Use Property
For Sale
$199,000

113 Donaldson St, Fayetteville, NC 28301

Open layouts span both levels, with an efficiency apartment arrangement upstairs.

Property Size1,080 SF
Price / SF$184.26
Days on Market87

Property Features for 113 Donaldson St

General Information

Standard status Active
Size 1,080 SF

Additional Details

Road Access Yes
Listing Agency: PAPPAS REALTY
Listed By: PETER PAPPAS · License #202521
Source: Tcrnc
Added: Jul 21 Changed: Oct 7 Last Checked: Oct 12 at 10:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PAPPAS REALTY

Investment Insights

Based on property information with market context.

This two-level mixed-use property at 113 Donaldson St in Fayetteville offers an open floorplan on each level. The second floor is arranged as an efficiency apartment, while the overall layout can accommodate a retail or executive office configuration.

The property is positioned in downtown Fayetteville on a quiet street. Parking is available in the Franklin Street Deck, adding a nearby parking option for occupants and visitors. The combination of open interior areas and a distinct upstairs apartment layout supports a flexible mixed-use configuration.

Key Highlights

  • Two‑level mixed‑use property with open floorplans on both levels
  • Second‑floor efficiency apartment layout
  • Retail or executive office configuration

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,203
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,060 $264.1K
Cap Rate 7%
$188,614 $188.6K
Cap Rate 9%
$146,700 $146.7K
Market Conditions
NOI Build-Up for 1,080 SF
Gross rent
$22.0K $20.40/SF
− Vacancy
−$4.4K −$4.10/SF
EGI
$17.6K $16.30/SF
− OpEx
−$4.4K −$4.07/SF
NOI
$13.2K $12.22/SF
Area
Fayetteville, NC
Vacancy
20.10%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,060
Cap Rate 7%
$188,614
Cap Rate 9%
$146,700

Alternative Uses

Best Use
Office B
$188.6K
$165.0K – $220.1K (±1% cap)
NOI $13,203 @ 7.0% cap · market cap 6.63%
Second Best
Mixed Use
$183.3K
$160.4K – $213.8K (±1% cap)
NOI $12,830 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$236.7K
$207.1K – $276.1K (±1% cap)
NOI $16,568 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Butcher Bakery Carpet & Flooring Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,974
Businesses Nearby

Demographics for 28301, NC

17,670
Population
8,590
Households
2.1
Avg Household Size
35
Median Age
17%
College-Educated
88%
High-School Grad
12.4 sq mi
ZIP Area
1,425
Density / Sq Mi
$36,955
Median Household Income
$28,350
Median Earnings
$926
Median Rent
$109,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Open layouts span both levels, with an efficiency apartment arrangement upstairs.
Where is this mixed-use property located?
The property is located at 113 Donaldson St Fayetteville, NC.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Two‑level mixed‑use property with open floorplans on both levels; Second‑floor efficiency apartment layout; Retail or executive office configuration
More about this property
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