425 Gillespie St, Fayetteville, NC 28301
This exceptional 0.69-acre commercial land parcel presents a unique investment opportunity in Fayetteville, North Carolina. Located at 425 Gillespie Street, this property boasts excellent frontage and high visibility, making it ideal for a variety of commercial uses. The land is zoned CC, opening doors for numerous owner-user possibilities. Its strategic location places it within minutes of Downtown Fayetteville, offering easy access to the vibrant city center. Proximity to key landmarks such as the Market House, city offices, and the courthouse further enhances its appeal. The property benefits from readily available water and sewer services, simplifying development plans. The lot features frontage on both Gillespie Street and a back street, providing versatile layout options. This location is particularly well-suited for sales and service businesses. The recent addition of a new ball stadium in the area adds to the growing economic vitality of the neighborhood. With a total asking price of $159,000 and a land value of $5.29 per square foot, this property represents a compelling investment opportunity in a thriving urban setting. The 28301 zip code ensures easy access to major transportation routes and amenities. Don't miss this chance to acquire a highly desirable commercial lot in a rapidly developing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.