Murchison Road Commercial
5815 Murchison Road Fayetteville, NC 28311
For Sale
$249,000
Commercial property with existing structure near Fort Liberty.
Property Size532 SF
Lot Size1.06 Acres
Price / SF$468.05
Days on Market748
Property Features for 5815 Murchison Road
General Information
Standard status
Active
Size
532 SF
Lot size
1.06 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1967
Listing Agency:
JNB COMMERCIAL PROPERTIES
(910) 583-4483
Listed By:
CHRYSOULA BANTSOLAS · License #334482
(910) 583-4483
Source:
Exitrealty
Added: Jul 10, 2024
Changed: Jul 6
Last Checked: Jul 27 at 3:50AM
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 JNB COMMERCIAL PROPERTIES
Investment Insights
Based on property information with market context.
This commercial property features a 532-square-foot building, currently operating as a fish market, situated on 1.06 acres. The property is zoned C3, designated for Heavy Commercial use. Located on Murchison Road/NC Hwy 210, it is less than four miles from Fort Liberty. The surrounding area consists of city property, although the site itself has not yet been annexed into the City of Fayetteville. The property is tenant occupied, so please do not disturb the tenant.
Key Highlights
- 1.06 acres of land
- Zoned C3 – Heavy Commercial
- Less than four miles from Fort Liberty
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $10.9k | $20.40 |
| − Vacancy | −$608 | −$1.14 |
| EGI | $10.2k | $19.26 |
| − OpEx | −$2.6k | −$4.81 |
| NOI | $7.7k | $14.44 |
532 SF · lease $20.40/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$109.8K
$96.1K – $128.1K
NOI $7,684 @ 7.0% cap · market cap 3.09%
Second Best
Retail
$85.9K
$75.2K – $100.2K
NOI $6,013 @ 7.0% cap · market cap 2.41%
Theoretical Best
Office A
$116.6K
$102.0K – $136.0K
NOI $8,161 @ 7.0% cap · market cap 3.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Commercial property with existing structure near Fort Liberty.
Where is this grocery and convenience store located?
The property is located at 5815 Murchison Road Fayetteville, NC.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 1.06 acres of land; Zoned C3 – Heavy Commercial; Less than four miles from Fort Liberty
