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    Handicap-Accessible Office Building Title is generated by Realmo AI

    211 Owen Drive, Fayetteville, NC 28304

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    Claim this Listing
    New
    For Sale
    $215,000

    SINGLE_FAMILY - Fayetteville, NC

    Type:Office
    Property size:
    1,075 SF
    Lot size:
    0.26 Acres
    Price / SF:
    $200/SF
    Added:
    Jun 26, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 26 at 6:06 pm

    Property Features for 211 Owen Drive

    General Information

    Property type
    Residential
    Property subtype
    Office
    Parking features
    Parking Lot, Off Street
    Standard status
    Active
    APN
    0417-90-7196.000
    Size
    1,075 SF
    Lot size
    0.26 Acres

    Taxes and HOA fees

    Tax Description
    OWEN VILLAGE LO:32 SE:01 PL:0015-0035

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1954
    Building materials
    WoodFrame
    Roof type
    Asphalt

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    JANE KENNEDY

    Listing agent JANE KENNEDY License #158308

    Listing office KENNEDY REALTORS INC. 3709 RAEFORD ROAD, NC

    Listing date Jun 26, 2026

    MLS# 764989

    Copyright © 2026 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Commercial building built in 1954 with wood frame construction
    • Reception area plus 3 separate offices, half bath, and break room
    • Handicap accessible building with parking available in front and rear
    • HVAC replaced in 8/23; recent updates include new interior paint, remodeled bathroom, and updated light fixtures
    • Served by public water and public sewer; natural gas heating and central air
    • Asphalt roof; listed per an appraisal completed June 5, 2026 (conveys in "as is" condition)

    Overview

    This property is a 1,075-square-foot commercial building configured for professional use, with a reception area, three separate offices, a half bath, and a break room. The building is described as handicap accessible and includes on-site HVAC that was replaced in 8/23. Recent updates include new interior paint, a remodeled bathroom, and updated light fixtures. The property will convey in “as is” condition.

    The building is located at 211 Owen Drive in Fayetteville, NC 28304, in close proximity to the hospital. Parking is available in front and at the rear of the building, supporting convenient access for clients and visitors.

    For tenants, buyers, or owner-users, the interior layout offers dedicated space for reception and multiple offices, which can support medical office operations or other retail uses that require private rooms. With the property currently vacant and ready for new ownership, it may also appeal to parties looking to move into a turn-key interior after the listed improvements, while planning around the “as is” conveyance terms.

    Local Financial Insights For Office B

    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 $21.9k $20.40
    − Vacancy −$4.4k −$4.10
    EGI $17.5k $16.30
    − OpEx −$4.4k −$4.07
    NOI $13.1k $12.22
    1,075 SF · lease $20.40/SF/yr · vacancy 20.10% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $187.7K
    $164.3K – $219.0K (±1% cap)
    NOI $13,142 @ 7.0% cap · market cap 6.11%
    Second Best
    Retail
    $173.6K
    $151.9K – $202.5K (±1% cap)
    NOI $12,150 @ 7.0% cap · market cap 5.65%
    Theoretical Best
    Office A
    $235.6K
    $206.1K – $274.9K (±1% cap)
    NOI $16,491 @ 7.0% cap · market cap 7.67%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Baker Hearing Center Physician A&M Youth Cultivation ... Child Welfare Organization

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.933848
    Latitude
    35.041831

    FAQs

    What type of property is this?
    Office building - Vacant building with reception, offices, break room, and front/rear parking suited for retail or medical use.
    Where is this office building located?
    The property is located at 211 Owen Drive Fayetteville, NC.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: Commercial building built in 1954 with wood frame construction; Reception area plus 3 separate offices, half bath, and break room; Handicap accessible building with parking available in front and rear
    More about this property
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