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Freestanding Office Building
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516 Owen Dr, Fayetteville, NC 28304

The layout includes four private offices plus reception and waiting areas.

Property Size1,531 SF
Price / SF$0.02
Days on Market64

Property Features for 516 Owen Dr

General Information

Standard status Active
Size 1,531 SF
Class B
Property subtype Office
Zoning OI within HSPOD overlay
Lease Term NNN

Additional Details

Road Access Yes

Building Details

Building Size 1,531 SF
Year Built 1956
Buildings 1

Properties For Sale

at 516 Owen Dr Contact us

516 Owen Dr

Size
1,531 SF
Term
Negotiable
Contact us
Listing Agency:
Listed By: Patrick Murray, CCIM, SIOR · License #NC #231098
Source: Grantmurrayre
Added: Jun 29 Changed: Aug 30 Last Checked: Aug 30 at 7:48PM

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 Patrick Murray, CCIM, SIOR

Investment Insights

Based on property information with market context.

Built in 1956, this freestanding office property contains 1,531 square feet arranged around four private offices, a reception area, and a waiting area. The building is zoned OI and falls within the HSPOD overlay.

The property fronts Owen Drive in Fayetteville, with reported traffic volume of 48,500 VPD. Cape Fear Valley Medical Center is nearby, adding an established medical-area context to the site.

Key Highlights

  • 1,531 SF freestanding office building
  • Four private offices
  • Large reception and waiting area

Property Analytics

Current Use

Hatfield-Berrang Hearing Aid Physician Audibel Hearing Center Hearing Aid Store

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Parking Lot & Garage Kitchen & Bath Showroom Garden Center

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,823
Businesses Nearby

Demographics for 28304, NC

37,120
Population
16,424
Households
2.3
Avg Household Size
37
Median Age
25%
College-Educated
92%
High-School Grad
17.4 sq mi
ZIP Area
2,133
Density / Sq Mi
$57,867
Median Household Income
$35,907
Median Earnings
$1,218
Median Rent
$154,300
Median Home Value

Market

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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - The layout includes four private offices plus reception and waiting areas.
Where is this office building located?
The property is located at 516 Owen Dr Fayetteville, NC.
What are key features of this property?
This property features: 1,531 SF freestanding office building; Four private offices; Large reception and waiting area
More about this property
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