Modern Office Building with
For Sale
Contact for pricing
2847 Bridgewood Dr, Fayetteville, NC 28306
Two-story Class A office building with heated warehouse space.
Property Size15,547 SF
Lot Size2.46 Acres
Price / SF$257.22
Days on Market1110
Property Features for 2847 Bridgewood Dr
General Information
Standard status
Active
Size
15,547 SF
Class
A
Lot size
2.46 Acres
Property subtype
Office
Zoning
HI & M (P) CU
Building Details
Year Built
2016
Buildings
1
Stories
2
Listing Agency:
Grant-Murray Real Estate
Listed By:
Neil Grant · License #NC 208918
(910) 818-3252
Source:
Crexi
Added: Sep 22, 2023
Changed: Sep 30
Last Checked: Oct 4 at 8:33AM
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
Investment Insights
Based on property information with market context.
This two-story, Class A building, completed in 2016, offers 15,541 square feet of space on a 2.46-acre lot with ample parking. The interior features a welcoming lobby, men's and women's restrooms on each floor, and spacious classrooms suitable for instruction and training. A state-of-the-art conference room is available for meetings and presentations. The property includes two spacious lounge areas for staff and visitors, as well as a 1,294-square-foot office suite designed for workspace and collaboration. High-speed internet connectivity and advanced multimedia capabilities are integrated throughout. Additionally, the property features a 1,554-square-foot heated warehouse with two 14-foot rollup doors, suitable for storage or a workshop. Located in the airport district of Fayetteville, NC, the property is situated minutes from the Fayetteville Regional Airport and provides easy access to I-95 and the 295 beltway.
Key Highlights
- Class A property built in 2016, offering modern design and innovation.
- Strategically located in the Fayetteville airport district, minutes from the Fayetteville Regional Airport with easy access to I‑95 and the 295 beltway.
- Features a 1,554‑square‑foot heated warehouse with two 14‑foot rollup doors.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$190,057
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,801,140
$3.8M
Cap Rate 7%
$2,715,100
$2.7M
Cap Rate 9%
$2,111,744
$2.1M
Market Conditions
NOI Build-Up for 15,547 SF
Gross rent
$317.2K $20.40/SF
− Vacancy
−$63.7K −$4.10/SF
EGI
$253.4K $16.30/SF
− OpEx
−$63.4K −$4.07/SF
NOI
$190.1K $12.22/SF
Area
Fayetteville, NC
Vacancy
20.10%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,801,140
Cap Rate 7%
$2,715,100
Cap Rate 9%
$2,111,744
Alternative Uses
Best Use
Office B
$2.72M
$2.38M – $3.17M
NOI $190,057 @ 7.0% cap · market cap 4.75%
Second Best
Warehouse
$2.53M
$2.22M – $2.96M
NOI $177,355 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$3.41M
$2.98M – $3.98M
NOI $238,503 @ 7.0% cap · market cap 5.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
Explore this area
Business Placement
Demographics for 28306, NC
44,615
Population
17,723
Households
2.5
Avg Household Size
36
Median Age
28%
College-Educated
90%
High-School Grad
69.7 sq mi
ZIP Area
640
Density / Sq Mi
$63,175
Median Household Income
$40,258
Median Earnings
$1,115
Median Rent
$218,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two-story Class A office building with heated warehouse space.
Where is this office building located?
The property is located at 2847 Bridgewood Dr Fayetteville, NC.
What is the asking price?
The asking price for this property is $3,999,000.
What are key features of this property?
This property features: Class A property built in 2016, offering modern design and innovation.; Strategically located in the Fayetteville airport district, minutes from the Fayetteville Regional Airport with easy access to I‑95 and the 295 beltway.; Features a **1,554‑square‑foot heated warehouse** with two 14‑foot rollup doors.
