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    First-Floor Office Suite with Reception Title is generated by Realmo AI

    214 Fairway Drive, Fayetteville, NC 28305

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    For Lease
    $2,600/Mo $17 SF/Yr (calc)

    COMMERCIAL - Fayetteville, NC

    Type:Office
    Property size:
    1,750 SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 3:06 pm

    Property Features for 214 Fairway Drive

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    0427-41-7053

    Taxes and HOA fees

    Tax Description
    LT 2 FAIRWAY VILLAGE

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1986
    Building materials
    BrickVeneer

    We can help!

    Listing Contact
    PETER STEWART

    Listing agent PETER STEWART License #311148

    Listing office FRANKLIN JOHNSON COMMERCIAL REAL ESTATE 2547 RAVENHILL DRIVE SUITE 100, Fayetteville, NC

    Listing date Jun 2, 2026

    MLS# 763632

    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

    • 1st‑floor office suite facing Fairway Dr; rear of building faces Robeson St
    • Approximately 1,750 SF plus approximately 450 SF common area
    • Waiting/reception area with 5 offices, storage/copier room, and 2 restrooms (shared with another tenant)
    • Parking lot with approximately 15 shared parking spaces
    • Public water and public sewer; building constructed in 1986
    • CAMS $400/month covers utilities, building & outside maintenance, property taxes, and building insurance

    Overview

    First-floor office space offers a waiting and reception area plus five offices. Additional improvements include a storage/copier room and two restrooms, one of which is shared with an upstairs tenant occupying approximately 300 square feet. The suite totals approximately 1,750 square feet, plus approximately 450 square feet of common area.

    The office faces Fairway Drive, with the rear of the building facing Robeson Street. The property is located near Highland Country Club. Access is supported by approximately 15 shared parking spaces.

    The space is available for lease at $2,600 plus CAMS. CAMS of $400 per month covers utilities, building and outside maintenance, property taxes, and building insurance. Tenants are expected to carry personal property coverage and general liability. Suitable for professional uses that need defined office rooms, an established reception function, and shared common services within a multi-tenant building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Southeastern Insurance Services ... Insurance Agency Amanda Smith - Atlas ... Real Estate Agency Global Outreach TeleRehabilitation ... Counselor De’Vine Infinity Therapuetic ... Crisis Center Atlas Real Estate ... Real Estate Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.917304
    Latitude
    35.044234

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    FAQs

    What type of property is this?
    Office units - First-floor office suite with reception, five offices, shared restrooms, and parking, with CAMS including utilities and maintenance.
    Where is this office units located?
    The property is located at 214 Fairway Drive Fayetteville, NC.
    What is the lease rate?
    The lease rate is $2,600 /Mo.
    What are key features of this property?
    This property features: 1st‑floor office suite facing Fairway Dr; rear of building faces Robeson St; Approximately 1,750 SF plus approximately 450 SF common area; Waiting/reception area with 5 offices, storage/copier room, and 2 restrooms (shared with another tenant)
    (910) 977-5770
    We can help!
    Listing Contact
    PETER STEWART
    Real Estate License ID: 311148
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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