Retail Building with
2820 Ramsey Street Fayetteville, NC 28301
New
2820 Ramsey Street, Fayetteville, NC, 28301
$550,000
For Sale
$550,000
SINGLE_FAMILY - Fayetteville, NC
Property Size3,536 SF
Lot Size0.66 Acres
Price / SF$155.54
Days on Market2
Property Features for 2820 Ramsey Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking
- 26
- Parking features
- Parking Lot
- Security features
- Security
- Standard status
- Active
- APN
- 0439-60-8335
- Size
- 3,536 SF
- Lot size
- 0.66 Acres
Taxes and HOA fees
- Tax Description
- PL:0119-0085
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1974
- Building materials
- BoardAndBattenSiding
- Roof type
- Metal
Listing agency
FRANKLIN JOHNSON COMMERCIAL REAL ESTATE
(910) 864-2626
Listed by
FRANKLIN JOHNSON · License #146789
(910) 818-8400
Added: Jul 21 Checked: Jul 22 at 3:06PM
MLS# 766108
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.
Investment Insights
Based on property information with market context.
This retail building at 2820 Ramsey Street was built in 1974 and offers a total of 3,536 square feet with an available basement. The site includes 26 parking spots and is zoned LC (Limited Commercial). The property has a history of operating as a restaurant and, more recently, as an ABC liquor store, reflecting its established use for customer-focused retail.
Ramsey Street is described as a high-traffic commercial corridor with estimated 27,500 VPD (NCDPT 2024). The listing also notes convenient access to Downtown Fayetteville, I-295, and Fort Liberty, with surrounding established businesses, shopping, and residential neighborhoods.
This LC-zoned property may be suitable for a range of commercial uses, subject to zoning verification, and offers an owner-user, investor, or redevelopment pathway. The sale will be handled pursuant to N.C. Gen. Stat. 160A-266 and procedures for private partition sales, with any accepted offer treated as a starting bid and initiating a 10-day upset bid period.
Ramsey Street is described as a high-traffic commercial corridor with estimated 27,500 VPD (NCDPT 2024). The listing also notes convenient access to Downtown Fayetteville, I-295, and Fort Liberty, with surrounding established businesses, shopping, and residential neighborhoods.
This LC-zoned property may be suitable for a range of commercial uses, subject to zoning verification, and offers an owner-user, investor, or redevelopment pathway. The sale will be handled pursuant to N.C. Gen. Stat. 160A-266 and procedures for private partition sales, with any accepted offer treated as a starting bid and initiating a 10-day upset bid period.
Key Highlights
- 3,536 SF commercial building with a basement on 0.66 acres
- High‑traffic Ramsey Street location with reported 27,500 VPD (NCDPT 2024)
- LC (Limited Commercial) zoning; built in 1974
Local 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
Property Profile
Location Intelligence
Current Use by Public Records
Cumberland County ABC ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail building with a basement offering 3,536 SF and LC zoning, plus 26 parking spots.
Where is this retail space 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: 3,536 SF commercial building with a basement on 0.66 acres; High‑traffic Ramsey Street location with reported 27,500 VPD (NCDPT 2024); LC (Limited Commercial) zoning; built in 1974
