Freestanding Storefront with Pylon
For Sale
$499,900
6527 Raeford Rd, Fayetteville, NC 28304
Limited Commercial zoning and on-site pylon signage support retail operations.
Property Size4,017 SF
Lot Size0.35 Acres
Price / SF$124.45
Days on Market194
Property Features for 6527 Raeford Rd
General Information
Standard status
Active
Size
4,017 SF
Lot size
0.35 Acres
Property subtype
Free Standing Building
Zoning
LC
Site & Location
Pylon Signage
Yes
Highway Access
Yes
Additional Details
Asking Price
$499,900
Building Details
Building Size
4,017 SF
Buildings
1
Listing Agency:
Tri Properties
(919) 714-7126
Listed By:
Jack Barnes
(919) 714-7126
Source:
Thebrokerlist
Added: Feb 18
Changed: Aug 30
Last Checked: Aug 30 at 9:02AM
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 Tri Properties
Investment Insights
Based on property information with market context.
This freestanding retail building contains 4,017 SF on a 0.35-acre parcel. The property includes an on-site pylon sign and is designated LC, or Limited Commercial, zoning. Its standalone configuration provides a clear commercial identity along a major Fayetteville roadway.
The building fronts Raeford Road, also identified as US-401, with access to I-295 and downtown Fayetteville. The surrounding area includes food, wellness, and service amenities. I-295 is less than 10 minutes away, while downtown Fayetteville is less than 20 minutes from the property.
The building fronts Raeford Road, also identified as US-401, with access to I-295 and downtown Fayetteville. The surrounding area includes food, wellness, and service amenities. I-295 is less than 10 minutes away, while downtown Fayetteville is less than 20 minutes from the property.
Key Highlights
- 4,017 SF freestanding building
- 0.35‑acre site along Raeford Road/US‑401
- LC (Limited Commercial) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,401
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$908,020
$908.0K
Cap Rate 7%
$648,586
$648.6K
Cap Rate 9%
$504,456
$504.5K
Market Conditions
NOI Build-Up for 4,017 SF
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.
Gross rent
$72.3K $18.00/SF
− Vacancy
−$7.4K −$1.85/SF
EGI
$64.9K $16.15/SF
− OpEx
−$19.5K −$4.84/SF
NOI
$45.4K $11.30/SF
Area
Fayetteville, NC
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$908,020
Cap Rate 7%
$648,586
Cap Rate 9%
$504,456
Alternative Uses
Best Use
Retail
$648.6K
$567.5K – $756.7K
NOI $45,401 @ 7.0% cap · market cap 9.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$880.3K
$770.3K – $1.03M
NOI $61,624 @ 7.0% cap · market cap 12.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
247
Businesses Nearby
84k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 43%
Groceries 40%
Dining 17%
Sheetz
Shops & Services
34,733 visits/mo
0.2 miles
Walmart Neighborhood Market
Groceries
33,313 visits/mo
0.2 miles
Starbucks
Dining
14,321 visits/mo
0.3 miles
Caliber Collision
Shops & Services
813 visits/mo
0.4 miles
Caliber Collision
Shops & Services
655 visits/mo
0.1 miles
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 Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Fayetteville Flowers — 6651 Raeford Rd Ste. A, Fayetteville, NC 28304
Frequently Asked Questions
What type of property is this?
Storefront property - Limited Commercial zoning and on-site pylon signage support retail operations.
Where is this storefront property located?
The property is located at 6527 Raeford Rd Fayetteville, NC.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 4,017 SF freestanding building; 0.35‑acre site along Raeford Road/US‑401; LC (Limited Commercial) zoning
