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    2915 Gillespie St Fayetteville, NC 28306

    For Sale
    $1,599,999

    High-traffic location, ample parking, great visibility.

    Property size:
    14,295 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 14,295 square foot storefront, situated on a 1.84-acre lot in Fayetteville, North Carolina, presents a compelling investment opportunity. Built in 1998, the property boasts a prime location at the corner of Airport Road and Business 95/Highway 301, ensuring high visibility and accessibility. The building features 54 parking spaces, two dock doors, and one grade-level door, catering to efficient operations and customer convenience. Zoned MP, this single-tenant retail space is offered at $1,599,999, translating to $111.93 per square foot. The net lease structure and owner/user investment type make this an attractive option for businesses seeking a strategic location with significant potential. The property's size and location make it ideal for a variety of retail uses. This is a rare opportunity to acquire a well-maintained, high-traffic retail space in a thriving market. The substantial lot size offers ample room for expansion or future development. Don't miss this chance to secure a prime commercial property in a highly desirable area of Fayetteville.

    Property Features for 2915 Gillespie St

    General Information

    Property type
    Individual retail properties
    Square Feet
    14,295 SF
    Lot Size
    80,150 SF

    Building Details

    Year Built
    1998

    HighLights

    • Ideal for owner‑occupancy or investment.
    • High‑traffic location with excellent visibility.
    • Strong tenant base with long‑term leases.
    • Modern amenities and updated systems.
    • Significant upside potential for rental income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -78.8988975
    Latitude
    34.9994613

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic location, ample parking, great visibility.
    Where is this individual retail property located?
    The property is located at 2915 Gillespie St Fayetteville, NC.
    What is the asking price?
    The asking price for this property is $1,599,999.
    What are key features of this property?
    This property features: Ideal for owner-occupancy or investment.; High-traffic location with excellent visibility.; Strong tenant base with long-term leases.
    Request Owner's contact information
    2915 Gillespie St Fayetteville, NC 28306
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    2915 Gillespie St Fayetteville, NC 28306
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