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Property profile & analytics
OFF-MARKET Estimated value $1,120,000
Commercial real estate

3001 Vlg Dr Fayetteville, NC 28304-4189

12,159 SF 2.9 ac lot Built 1985
Entity Owned Free & Clear
Property ID
US53-1395211
Property summary
AI-generated overview

This exceptional 2.9-acre commercial land parcel, located at 3001 Village Dr, Fayetteville, NC 28304, is offered for sale at $4,368,000. Previously a restaurant site, the property now boasts a paved parking lot and two convenient driveway access points on Village Drive. Zoned CC (HSOP), this site presents a multitude of commercial development opportunities. Its strategic location near the 733-bed Cape Fear Valley Medical Center, soon to launch a residency program, offers unparalleled access to a large and growing population. The property benefits from high visibility with approximately 552 feet of frontage and 225 feet of depth. Situated approximately 10 minutes south of Fort Liberty's main gates, it enjoys convenient access to major roadways and is surrounded by Fayetteville's primary office submarket. The strong local demographics include 57,720 residents within a three-mile radius, boasting an average household income of $81,595. Daily traffic counts on Village Drive reach 16,000 vehicles, with Owen Drive seeing 40,000. The property's APN is 0426164079. This ready-to-develop site represents a significant investment opportunity for discerning buyers.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1985
Total area 12,159 SF
Lot 2.9 ac (126,324 SF)
Zoning code CC
APN 0426-16-4079
UPID US53-1395211
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$1.12M
Owner & transaction history
STOUT PROPERTIES INC
STOUT PROPERTIES INC
Zoning & alternative use
CC · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

ase Zoning Districts 30-3.E.1. General Purposes 30-3.E.2. Office and Institutional (OI) District 30-3.E.3. Neighborhood Commercial (NC) District 30-3.E.4. Limited Commercial (LC) District 30-3.E.5. Community Commercial (CC) District 30-3.E.6. Mixed-Use (MU) District 30-3.E.7.A. Business Park (BP) District 30-3.E.8. Light Industrial (LI) District 30-3.E.9. He…

Zone name Community Commercial
General category COMMERCIAL
Zone area 3,860.11 ac
Source Document Viewer | Municipal Code
Top alternative use upside
Office building $1.7M +26.0%
Neighborhood: shopping center $1.6M +15.8%
Retail stores $1.4M +3.5%
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