Fish Market Convenience
5815 Murchison Road, Fayetteville, NC 28311
For Sale
$249,000
CommercialSale, Fayetteville, NC
Property Size532 SF
Lot Size1.06 Acres
Price / SF$468.05
Days on Market867
Property Features for 5815 Murchison Road
General Information
Property type
Property subtype
Zoning description
Parking features
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Water source
Building Details
Year built
Building materials
Listing Agency:
JNB COMMERCIAL PROPERTIES
(910) 483-9444
Listed By:
CHRYSOULA BANTSOLAS · License NC #334482
(910) 583-4483
Added: Jul 1, 2024
Changed: Oct 21
Last Checked: Nov 14 at 1:06AM
MLS# 728559
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.
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Investment Insights
Based on property information with market context.
This tenant-occupied grocery and convenience property includes a 532-square-foot building constructed in 1967. The structure uses block and wood siding construction and is currently operated as a fish market. A parking lot serves the site, and public water is available.
The 1.06-acre property fronts Murchison Road and NC Hwy 210, with Fort Liberty located less than four miles away. The parcel is zoned C3—Heavy Commercial and sits in an area surrounded by city property that has not yet been annexed into Fayetteville. Showings should be coordinated with the broker, and the current tenant should not be disturbed.
The 1.06-acre property fronts Murchison Road and NC Hwy 210, with Fort Liberty located less than four miles away. The parcel is zoned C3—Heavy Commercial and sits in an area surrounded by city property that has not yet been annexed into Fayetteville. Showings should be coordinated with the broker, and the current tenant should not be disturbed.
Key Highlights
- 1.06‑acre site on Murchison Road and NC Hwy 210
- 532‑square‑foot building constructed in 1967
- Currently occupied by a fish market tenant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,684
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$153,680
$153.7K
Cap Rate 7%
$109,771
$109.8K
Cap Rate 9%
$85,378
$85.4K
Market Conditions
NOI Build-Up for 532 SF
Gross rent
$10.9K $20.40/SF
− Vacancy
−$608 −$1.14/SF
EGI
$10.2K $19.26/SF
− OpEx
−$2.6K −$4.81/SF
NOI
$7.7K $14.44/SF
Area
Fayetteville, NC
Vacancy
5.60%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$153,680
Cap Rate 7%
$109,771
Cap Rate 9%
$85,378
Alternative Uses
Best Use
Specialty Retail
$109.8K
$96.1K – $128.1K
NOI $7,684 @ 7.0% cap · market cap 3.09%
Second Best
Retail
$85.9K
$75.2K – $100.2K
NOI $6,013 @ 7.0% cap · market cap 2.41%
Theoretical Best
Office A
$116.6K
$102.0K – $136.0K
NOI $8,161 @ 7.0% cap · market cap 3.28%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
Balanced
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Business Placement
Demographics for 28311, NC
36,302
Population
16,275
Households
2.2
Avg Household Size
35
Median Age
34%
College-Educated
94%
High-School Grad
36.5 sq mi
ZIP Area
995
Density / Sq Mi
$60,033
Median Household Income
$38,469
Median Earnings
$1,122
Median Rent
$195,700
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Tenant-occupied neighborhood retail building with parking and C3 heavy-commercial zoning on a 1.06-acre tract.
Where is this grocery and convenience store located?
The property is located at 5815 Murchison Road Fayetteville, NC.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 1.06‑acre site on Murchison Road and NC Hwy 210; 532‑square‑foot building constructed in 1967; Currently occupied by a fish market tenant
