Remodeled Medical Office
957 S Old Mcpherson Church Road S Fayetteville, NC 28303
For Sale
$365,000
Pending
SINGLE_FAMILY - Fayetteville, NC
Property Size2,126 SF
Lot Size0.58 Acres
Days on Market588
Property Features for 957 S Old Mcpherson Church Road S
General Information
Property type
Residential
Property subtype
Office
Parking
5000
Parking features
Parking Lot
Security features
Security
Standard status
Pending
APN
0417-82-6089
Size
2,126 SF
Lot size
0.58 Acres
Taxes and HOA fees
Tax Description
LT 13 OWEN RD (0.46 AC)
Utilities
Sewer type
Public Sewer
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1963
Building materials
BrickVeneer, Frame, WoodFrame
Roof type
Shingle, Composition
Listing Agency:
THE PROPERTY PLACE OF FAYETTEVILLE
(910) 551-3331
Listed By:
THERESA FRETT · License #334091
(910) 551-3331
Added: Dec 16, 2024
Changed: Jul 12
Last Checked: Jul 27 at 3:06PM
MLS# 736218
Copyright © 2026 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This remodeled office building was previously used as a professional medical office and offers flexible space for office, institutional, or retail uses. Interior highlights include hardwood floors, four-plus spacious offices, a full kitchen, and an enormous conference room with a fireplace. Ample storage is available both inside and outside, and there is an additional electrical-wired storage building included (or the storage building may be torn down).
The property is described as having very high traffic volume off McPherson Church Road and All American Hwy., supporting visibility for a range of commercial operations.
The building is currently configured with multiple private offices and a large central conference area, supported by significant storage capacity to accommodate day-to-day business needs.
The property is described as having very high traffic volume off McPherson Church Road and All American Hwy., supporting visibility for a range of commercial operations.
The building is currently configured with multiple private offices and a large central conference area, supported by significant storage capacity to accommodate day-to-day business needs.
Key Highlights
- Remodeled commercial building built in 1963
- Central air with electric cooling; shingle/composition roof
- Public water and public sewer
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.4k | $20.40 |
| − Vacancy | −$8.7k | −$4.10 |
| EGI | $34.7k | $16.30 |
| − OpEx | −$8.7k | −$4.07 |
| NOI | $26.0k | $12.22 |
2,126 SF · lease $20.40/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$371.3K
$324.9K – $433.2K
NOI $25,990 @ 7.0% cap · market cap 7.12%
Second Best
Healthcare Medical
$314.9K
$275.5K – $367.4K
NOI $22,042 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$465.9K
$407.7K – $543.6K
NOI $32,615 @ 7.0% cap · market cap 8.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Highland Animal Hospital — 981 S McPherson Church Rd, Fayetteville, NC 28303
- Academy Pet Hospital — 200 Owen Dr, Fayetteville, NC 28304
- Valley Veterinary Hospital — 980 S Old McPherson Church Rd, Fayetteville, NC 28303
- Josh Barkman DVM — 981 S McPherson Church Rd, Fayetteville, NC 28303
- Bostic Clifford N DVM — 3602 raeford rd, fayetteville, nc 28304
Frequently Asked Questions
What type of property is this?
Medical Office Space - Remodeled office with hardwood floors, multiple offices, full kitchen, and an oversized conference room with fireplace.
Where is this medical office space located?
The property is located at 957 S Old Mcpherson Church Road S Fayetteville, NC.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Remodeled commercial building built in 1963; Central air with electric cooling; shingle/composition roof; Public water and public sewer
