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    2325 Gillespie St Fayetteville, NC 28306

    Sponsored
    For Sale
    $325,000

    0.91-acre lot, prime commercial location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.91-acre commercial land parcel, situated at 2325 Gillespie St in Fayetteville, North Carolina, presents a unique investment opportunity. Priced at $325,000 ($357,142 per acre), this property boasts a desirable location with excellent visibility and high traffic counts. The lot features flat topography and is conveniently located near the Crown Coliseum, enhancing its commercial potential. The property offers significant frontage along Gillespie Street, measuring approximately 194 feet, with a depth of roughly 203 feet. Water and sewer services are readily available at the street. The zoning designation is Community Commercial (CC) within the Airport Overlay District (AOD). Potential buyers should review the Unified Development Ordinance (UDO) for specific use limitations within the AOD. This prime location and its attractive features make this parcel ideal for a variety of commercial ventures. The property's address is 28306, Cumberland County, NC. The parcel's size and location make it a compelling investment opportunity in a thriving area.

    Property Features for 2325 Gillespie St

    General Information

    Property type
    Land
    Lot Size
    39,640 SF

    HighLights

    • 0.91‑acre commercial lot for sale at $325,000.
    • Zoned Community Commercial (CC) within the Airport Overlay District (AOD).
    • 194 feet of frontage on Gillespie Street.
    • Located near Crown Coliseum.
    • Excellent visibility and high traffic counts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop 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
    -78.8955919
    Latitude
    35.017888

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    FAQs

    What type of property is this?
    Land - 0.91-acre lot, prime commercial location.
    Where is this land located?
    The property is located at 2325 Gillespie St Fayetteville, NC.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: 0.91-acre commercial lot for sale at $325,000.; Zoned Community Commercial (CC) within the Airport Overlay District (AOD).; 194 feet of frontage on Gillespie Street.
    Request Owner's contact information
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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
    2325 Gillespie St Fayetteville, NC 28306
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