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    1617 Owen Dr Fayetteville, NC 28304

    For Lease
    Contact for pricing

    Prime Medical Office Land, 6000+ sqft potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial land parcel, located at 1617 Owen Drive in Fayetteville, North Carolina (zip code 28304), presents a unique investment opportunity. The 6000+ square foot site is zoned OI and boasts a highly desirable location directly across from Cape Fear Hospital. This prime location offers excellent visibility and accessibility, making it ideal for a variety of commercial uses. The property's previous primary occupancy was a medical office, suggesting its suitability for healthcare-related businesses. Ample parking is available, ensuring convenience for both staff and clients. The property is designated as single-tenant land, offering a straightforward development opportunity. With its strategic location, generous size, and existing infrastructure, this land parcel represents a compelling investment prospect for developers and businesses seeking a prominent presence in Fayetteville's thriving medical corridor. The Cumberland County location provides easy access to major transportation routes and a robust local economy. This is a blank canvas for a new commercial venture, offering significant potential for growth and return on investment. The property's zoning and previous use provide a solid foundation for future development plans. Serious inquiries are encouraged to explore this exceptional opportunity further.

    Property Features for 1617 Owen Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Debi P. ... Surgeon Owen Drive Surgical ... Surgeon Schmitt Inc Air Conditioning System Supplier Rumbaugh Family Treatment ... Social Worker

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    CUMBERLAND
    State
    North Carolina
    Longitude
    -78.9304148
    Latitude
    35.0337195

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    FAQs

    What type of property is this?
    Land - Prime Medical Office Land, 6000+ sqft potential.
    Where is this land located?
    The property is located at 1617 Owen Dr Fayetteville, NC.
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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
    1617 Owen Dr Fayetteville, NC 28304
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