102 Reilly Rd Fayetteville, NC 28303-2409
- Commercial real estate
- 35,674 SF
- 3.43 lot acres
Current Use by Public Records
- Food Lion / Grocery Store
- Western Union / Money Transfer Service
- Coinstar Kiosk | Bitcoin ATM / Currency Exchange Service / Kiosk
- Family Fare / Convenience Store
Property Details for 102 Reilly Rd
- Year built
- 1977
- Lot size
- 3.43 lot acres
- Property size
- 35,674 SF
- Zone code
- CC
- Property type
- Commercial real estate
- APN
- 9498-75-3114
- APU
- 9498753114
Description
Reilly Plaza presents a unique investment opportunity in Fayetteville, North Carolina. This established neighborhood shopping center, totaling 32,250 square feet, sits on a 4.41-acre lot at the high-traffic intersection of North Reilly Road and Morganton Road. Currently configured as a single suite, the property offers significant potential for redevelopment or continued operation as a retail space. Its strategic location provides exceptional visibility and accessibility, benefiting from its proximity to a major thoroughfare. The center's prime location is further enhanced by its half-mile distance from the Fort Bragg Military Complex, home to over 47,500 active-duty military personnel, ensuring a substantial and consistent customer base. The property is classified as Commercial, Retail, and Land, making it suitable for a variety of uses. The Cumberland County location offers access to a thriving community and strong regional demographics. This property is ideal for investors seeking a well-positioned retail asset with significant growth potential in a dynamic market. The single suite configuration allows for flexibility in tenant selection and lease terms. Detailed property information and site plans are available upon request. This is a rare opportunity to acquire a strategically located retail property in a high-demand area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $770,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,050,000
- 6.5%
- $1,085,000
- 7%
- $1,040,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $960,000
- Geo Method
- $1,285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,160,000
- Retail
- $1,270,000
- Mixed-Use
- $955,000
- Hospitality
- $1,225,000
- Educational
- $1,010,000
- Residential Income
- $1,185,000
- Energy
- $930,000
- Income-Based Land
- $1,250,000
- Food Service
- $1,110,000
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Cumberland
- State
- North Carolina
- Longitude
- -79.009
- Latitude
- 35.0832
- CBSA code
- 22180
- CBSA name
- FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA
