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    Fayetteville Flex Space Available Title is generated by Realmo AI

    726 Ramsey St, Fayetteville, NC 28301

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    Multi-use spaces with roll-up doors, suitable for various businesses.

    Type:Retail, Office, Industrial
    Property size:
    3,250 SF
    Added:
    Apr 15, 2022
    Days on Market:
    1512
    Last Refresh:
    May 12 at 11:29 pm

    Property Features for 726 Ramsey St

    General Information

    Standard status
    Active
    Size
    3,250 SF
    Property subtype
    Retail, Office, Industrial

    Building Details

    Year Built
    2001

    Spaces For Lease

    at 726 Ramsey St Contact us

    726 Ramsey St Suites 7 & 8 $14/Mo

    Size
    3,250 SF
    Type
    Retail, Office
    Contact us

    726 Ramsey St Suite 9 $14/Mo

    Size
    1,625 SF
    Type
    Retail, Office
    Contact us

    We can help!

    Listing Contact
    Susan Evans

    Listing agent Susan Evans License #NC 93980

    Listing office Grant-Murray Real Estate

    Listing date Apr 15, 2022

    Source Crexi

    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 Grant-Murray Real Estate

    HighLights

    • Excellent location with easy access to Downtown Fayetteville, Fort Bragg, I‑95, and Hwy 87.
    • Located in a historically underutilized business (HUB) zone, offering potential government incentives.
    • Flexible CC zoning allows for a wide variety of uses including medical, retail, and flex space.
    • Each space features a 12‑foot roll‑up door for easy delivery access.
    • Ample parking with 88 lit spaces and semi‑truck accessibility.
    • Spaces are in excellent condition and rents are very competitive.

    Overview

    Cross Creek Commons is a multi-unit center situated along Ramsey Street, near Downtown Fayetteville. The property benefits from its location within a historically underutilized business (HUB) zone, potentially offering businesses government incentives. Each space includes a 12-foot roll-up door at the rear for convenient delivery access. The available suites are suitable for a wide range of uses permitted under the CC zoning class, including medical, retail, and flex space. Currently, there are two spaces available: one 1625 square feet and another 3250 square feet. A common dumpster is provided, and the spaces are in excellent condition. The center is well-positioned to attract diverse clientele and is easily accessible from downtown, Fort Bragg, I-95, and other parts of Fayetteville, thanks to its location off Hwy 87. Located at a signalized intersection, the center features 88 lit parking spaces and accommodates semi-truck access. The CAM fee is $150 per month. The property is located on Ramsey Street at the first signalized intersection when taking a left from Grove Street. It offers proximity to HWY 87, I-95, North Ramsey, Fort Bragg Military Base, and Downtown Fayetteville.
    Property Profile Location Intelligence

    Current Use by Public Records

    Catholic Charities Charitable Organization South East X-Ray Medical Clinic Dr. D M. ... Pediatrician Acholaconnections Travel Agency Cross Creek Imaging Physician

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Law Firm Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.877681
    Latitude
    35.0650224

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    FAQs

    What type of property is this?
    Mixed-use property - Multi-use spaces with roll-up doors, suitable for various businesses.
    Where is this mixed-use property located?
    The property is located at 726 Ramsey St Fayetteville, NC.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Excellent location with easy access to Downtown Fayetteville, Fort Bragg, I‑95, and Hwy 87.; Located in a historically underutilized business (HUB) zone, offering potential government incentives.; Flexible CC zoning allows for a wide variety of uses including medical, retail, and flex space.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Susan Evans
    Real Estate License ID: NC 93980
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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