Professional Office
For Sale
$315,000
201-5511 Ramsey St, Fayetteville, NC 28301
A suite within a two-story office building offers a focused footprint for professional operations.
Property Size1,929 SF
Price / SF$163.30
Days on Market10
Property Features for 201-5511 Ramsey St
General Information
Standard status
Active
Size
1,929 SF
Class
Class B
Zoning
OI
Additional Details
Office Units
1
Building Details
Year Built
2001
Stories
2
Listing Agency:
GRANT-MURRAY HOMES
(910) 758-8322
Listed By:
RAYMOND SHARP · License #258881
(910) 987-7511
Source:
Exprealty
Added: Oct 5
Changed: Oct 13
Last Checked: Oct 13 at 2:40AM
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 GRANT-MURRAY HOMES
Investment Insights
Based on property information with market context.
Suite 201 is a 1,929-square-foot office condominium in a two-story building completed in 2001. The property carries an OI, Office and Institutional, zoning designation and is classified as Class B.
Located at 5511 Ramsey Street in Fayetteville, the condominium is configured as an individual office suite within a larger professional building.
Located at 5511 Ramsey Street in Fayetteville, the condominium is configured as an individual office suite within a larger professional building.
Key Highlights
- 1,929 SF office condominium
- Built in 2001
- OI - Office And Institutional zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,581
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$471,620
$471.6K
Cap Rate 7%
$336,871
$336.9K
Cap Rate 9%
$262,011
$262.0K
Market Conditions
NOI Build-Up for 1,929 SF
Gross rent
$39.4K $20.40/SF
− Vacancy
−$7.9K −$4.10/SF
EGI
$31.4K $16.30/SF
− OpEx
−$7.9K −$4.07/SF
NOI
$23.6K $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%
$471,620
Cap Rate 7%
$336,871
Cap Rate 9%
$262,011
Alternative Uses
Best Use
Office B
$336.9K
$294.8K – $393.0K
NOI $23,581 @ 7.0% cap · market cap 7.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$422.7K
$369.9K – $493.2K
NOI $29,592 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - A suite within a two-story office building offers a focused footprint for professional operations.
Where is this office units located?
The property is located at 201-5511 Ramsey St Fayetteville, NC.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 1,929 SF office condominium; Built in 2001; OI - Office And Institutional zoning
