Retail Building With
2820 Ramsey Street Fayetteville, NC 28301
New
For Sale
Contact for pricing
Built in 1974, this limited-commercial retail building includes a basement, 26 parking spaces, and 27,500 VPD frontage.
Property Size3,536 SF
Lot Size0.66 Acres
Price / SF$155.54
Days on Market4
Property Features for 2820 Ramsey Street
General Information
- Standard status
- Active
- Size
- 3,536 SF
- Lot size
- 0.66 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1974
Listing Agency:
Franklin Johnson Commercial Real Estate
(910) 818-8400
Listed By:
Franklin Johnson · License #NC 146789
Source:
Crexi
Added: Jul 21
Changed: Jul 24
Last Checked: Jul 24 at 5:48AM
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 Franklin Johnson Commercial Real Estate
Investment Insights
Based on property information with market context.
This retail commercial building, built in 1974, includes 3,536 square feet plus a basement. The property sits on 0.66 acres and provides 26 parking spaces. It is zoned LC (Limited Commercial), and the offering includes a documented history of customer-focused retail use, originally developed and operated as a McDonald’s restaurant and most recently served as an ABC liquor store.
The building is located on Ramsey Street and is positioned for visibility along a high-volume corridor, with 27,500 VPD reported for NCDPT (2024). The remarks note convenient access to Downtown Fayetteville, I-295, and Fort Liberty, and the site is described as surrounded by established businesses, shopping, and residential neighborhoods.
This is a for-sale opportunity for an owner-user, investor, or redevelopment project, subject to zoning verification for future uses.
The building is located on Ramsey Street and is positioned for visibility along a high-volume corridor, with 27,500 VPD reported for NCDPT (2024). The remarks note convenient access to Downtown Fayetteville, I-295, and Fort Liberty, and the site is described as surrounded by established businesses, shopping, and residential neighborhoods.
This is a for-sale opportunity for an owner-user, investor, or redevelopment project, subject to zoning verification for future uses.
Key Highlights
- Commercial building built in 1974 with 3,536 SF plus a basement
- Located on 0.66 acres with 26 parking spots
- LC (Limited Commercial) zoning
Financial Insights For 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 | $63.6k | $18.00 |
| − Vacancy | −$6.6k | −$1.85 |
| EGI | $57.1k | $16.15 |
| − OpEx | −$17.1k | −$4.84 |
| NOI | $40.0k | $11.30 |
3,536 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$570.9K
$499.6K – $666.1K
NOI $39,965 @ 7.0% cap · market cap 7.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$774.9K
$678.1K – $904.1K
NOI $54,245 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Cumberland County ABC ...
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Storefront property - Built in 1974, this limited-commercial retail building includes a basement, 26 parking spaces, and 27,500 VPD frontage.
Where is this storefront property located?
The property is located at 2820 Ramsey Street Fayetteville, NC.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Commercial building built in 1974 with 3,536 SF plus a basement; Located on 0.66 acres with 26 parking spots; LC (Limited Commercial) zoning
