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Renovated Multi-Tenant Office Buildings

2504 RAEFORD RD FAYETTEVILLE NC 28305-5294, Fayetteville, NC 28305

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Two-story office buildings provide fully occupied space with professional management and a diverse 28-tenant roster.

Property Size18,873 SF
Lot Size0.93 Acres
Price / SF$112.59
Days on Market105

Property Features for 2504 RAEFORD RD FAYETTEVILLE NC 28305-5294

General Information

Standard status Active
Size 18,873 SF
Total Parking Spaces 55
Lot size 0.93 Acres
Property subtype Office
Zoning CC
Occupancy 100%
Investment Type Value Add
Net Operating Income $176,248

Additional Details

Cap Rate 8.3%
Office Units 28

Building Details

Year Built 1954
Year Renovated 2025
Buildings 2
Tenancy Multi
Listing Agency: Grant-Murray Real Estate
Listed By: Corey Croegaert · License NC #327556
Source: Crexi
Added: Jul 29 Changed: Nov 6 Last Checked: Nov 10 at 8:22AM

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 Real Estate

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Investment Insights

Based on property information with market context.

The property includes two renovated, two-story office buildings totaling 18,873 square feet on 0.93 acres. The buildings are fully occupied by 28 tenants and have received HVAC upgrades, common-area improvements, and roof replacements since 2024. Professional management and leasing are provided by Grant Murray Real Estate. The property is zoned CC and was built in 1954.

Located along Raeford Road in Fayetteville, the office campus sits within an established commercial corridor carrying more than 30,000 vehicles per day. Fort Bragg and Highland Country Club are nearby, while national retailers, banks, restaurants, and service providers are within walking distance. The property also carries an 8.30% cap rate.

Key Highlights

  • Two renovated two‑story office buildings totaling 18,873 square feet
  • 0.93‑acre property with 28 tenants and 100% occupancy
  • HVAC, common‑area, and roof improvements completed since 2024

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

The Baker Property Preservation ... General Contractor Gibson Barbara Physician Left Tackle Advisors Financial Advisor Gold Star Teen ... Charitable Organization Real Estate Wholesale ... Real Estate Agency

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop HVAC Service Building Supply Storage Facility Barber Shop

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

28
Office units

Location Intelligence

Trade Area within ½ mile

1,518
Businesses Nearby

Demographics for 28305, NC

5,844
Population
3,497
Households
1.7
Avg Household Size
44
Median Age
50%
College-Educated
93%
High-School Grad
2.6 sq mi
ZIP Area
2,248
Density / Sq Mi
$70,612
Median Household Income
$55,247
Median Earnings
$1,029
Median Rent
$242,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Office buildings in Fayetteville, NC

$204 Jul
$212 Aug
$216 Sep
$229 Oct

Properties on Market for Office buildings in Fayetteville

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office building - Two-story office buildings provide fully occupied space with professional management and a diverse 28-tenant roster.
Where is this office building located?
The property is located at 2504 RAEFORD RD FAYETTEVILLE NC 28305-5294 Fayetteville, NC.
What is the asking price?
The asking price for this property is $2,125,000.
What are key features of this property?
This property features: Two renovated two‑story office buildings totaling 18,873 square feet; 0.93‑acre property with 28 tenants and 100% occupancy; HVAC, common‑area, and roof improvements completed since 2024
(910) 987-2579 Call to check price and availability
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