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    2801 Owen Dr Fayetteville, NC 28306

    Sponsored
    For Lease
    $43,200

    Half-acre lot, prime location, high traffic.

    Lot size:
    21,780 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.5-acre commercial lot is ideally situated at the intersection of Owen Drive and Southern Avenue in Fayetteville, North Carolina, offering unparalleled visibility for businesses seeking high traffic exposure. Zoned CC, this property presents a unique opportunity for a variety of commercial uses, including but not limited to vehicle sales, auto service centers, or even a drive-thru coffee shop. The lot's strategic location ensures easy access and high visibility to potential customers. A significant advantage is the landlord's willingness to allow a cross-easement with the adjacent KFC restaurant, providing convenient access and ample parking for patrons. Utilities are readily available, simplifying the setup process for prospective tenants. The property is offered with a preferred lease term of two to four years, and the monthly gross rent is $1,800. This is a rare opportunity to secure a highly visible and conveniently located commercial lot in a thriving Fayetteville market. The property's address is 2801 Owen Dr, Fayetteville, NC 28306. Power is provided by PWC.

    Property Features for 2801 Owen Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,780 SF
    Total Rate
    43200

    Unit(s) available at that property

    Space
    Size
    21,780 SF
    Rate per SF
    $43,200

    HighLights

    • High‑traffic 0.5‑acre commercial lot at 2801 Owen Dr, Fayetteville, NC 28306.
    • CC zoning allows for various commercial uses, including vehicle sales and restaurants.
    • Cross‑easement with adjacent KFC provides convenient access and ample parking.
    • Utilities readily available; PWC power.
    • Preferred lease term: 2‑4 years; $1,800 monthly gross rent.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.9038402
    Latitude
    35.01839055

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    FAQs

    What type of property is this?
    Land - Half-acre lot, prime location, high traffic.
    Where is this land located?
    The property is located at 2801 Owen Dr Fayetteville, NC.
    What is the lease rate?
    The lease rate is $43,200.
    What are key features of this property?
    This property features: High-traffic 0.5-acre commercial lot at 2801 Owen Dr, Fayetteville, NC 28306.; CC zoning allows for various commercial uses, including vehicle sales and restaurants.; Cross-easement with adjacent KFC provides convenient access and ample parking.
    Request Owner's contact information
    2801 Owen Dr Fayetteville, NC 28306
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    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
    2801 Owen Dr Fayetteville, NC 28306
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