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    1917 Ramsey St Fayetteville, NC 28301

    Sponsored
    For Sale
    $425,000

    Prime Retail Location, High Visibility

    Property size:
    3,020 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Fayetteville, NC commercial property presents a compelling investment opportunity. Located at 1917 Ramsey St, this 1.77-acre site boasts over 500 feet of road frontage on a busy commercial corridor, offering significant visibility and accessibility. The property includes two buildings totaling 3,020 square feet, zoned for commercial use. One building, approximately 2,300 square feet, features an open floor plan, HVAC, and two bathrooms. The second building, approximately 720 square feet, also includes HVAC and one bathroom. Built in 1976, this property presents a strong redevelopment opportunity given its size, location, and commercial zoning. The asking price is $425,000, translating to $140.73 per square foot. The property's two parcels offer flexibility for various commercial ventures, capitalizing on its high-traffic location in Cumberland County, NC, zip code 28301. This is an ideal investment for entrepreneurs seeking a high-visibility location with significant potential for growth and return. The property's substantial lot size and prime location make it an attractive prospect for a variety of commercial uses.

    Property Features for 1917 Ramsey St

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,020 SF
    Lot Size
    77,101 SF

    Building Details

    Year Built
    1976
    Buildings
    2

    HighLights

    • 1.77‑acre lot in Fayetteville, NC.
    • Over 500 feet of road frontage on a busy commercial corridor.
    • Excellent redevelopment opportunity.
    • Commercially zoned.
    • Two buildings totaling 3,020 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Plinky's Snack Shack Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.8809237
    Latitude
    35.0850041

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Location, High Visibility
    Where is this individual retail property located?
    The property is located at 1917 Ramsey St Fayetteville, NC.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: 1.77-acre lot in Fayetteville, NC.; Over 500 feet of road frontage on a busy commercial corridor.; Excellent redevelopment opportunity.
    Request Owner's contact information
    1917 Ramsey St Fayetteville, NC 28301
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    Fayetteville, NC 28301
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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
    1917 Ramsey St Fayetteville, NC 28301
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