Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Cross Crk Plz Fayetteville, NC 28314
    Back to Search
    Property profile & analytics

    Cross Crk Plz Fayetteville, NC 28314

    View on Map
    • Neighborhood centers
    • 128,586 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 0 Cross Crk Plz

    Property size
    128,586 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    Cross Creek Plaza offers an exceptional retail investment opportunity in the heart of Fayetteville, Cumberland County. This 128,586 square foot strip center boasts a prime location directly across from the bustling Cross Creek Mall, ensuring high visibility and significant foot traffic. Currently, there are six available spaces ranging from 1,640 to 57,633 contiguous square feet, providing flexibility for various retail concepts. A substantial 122,786 square feet is currently vacant, presenting a unique chance to establish a strong presence in this thriving market. The center benefits from a robust tenant mix, including established national retailers such as Ross Dress For Less, Conn's Home Plus, and Harbor Freight Tools, creating a synergistic environment. The strategic location offers easy access to the significant consumer base of Fort Bragg Military Base, further enhancing its appeal. The surrounding area demonstrates strong demographics, with an estimated 2023 population of 149,031 and an average household income of $68,382 within a 5-mile radius. This combination of high visibility, strong co-tenancy, and a dense, affluent population makes Cross Creek Plaza an ideal location for businesses seeking substantial growth potential. The property's size and layout offer significant opportunities for expansion and customization, catering to a wide range of retail needs. Don't miss this chance to secure a prominent position in one of Fayetteville's most dynamic retail corridors.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.9645
    Latitude
    35.0747

    Comparable in this City

    • Value Estimation by Request
      66,464 SF

      1912 Skibo Rd

      Lifestyle centers • 66,464 SF
      1912 Skibo Rd, Fayetteville, NC 28314
      View Details
    • Value Estimation by Request
      350,838 SF

      2844 Freedom Pkwy Dr

      Lifestyle centers • 350,838 SF
      2844 Freedom Pkwy Dr, Fayetteville, NC 28314
      View Details
    • Value Estimation by Request
      27,552 SF

      1932-1950 Skibo Rd

      Neighborhood centers • 27,552 SF
      1932-1950 Skibo Rd, Fayetteville, NC 28314
      View Details
    • Value Estimation by Request
      14,164 SF

      951-973 Strickland Bridge Rd

      Lifestyle centers • 14,164 SF
      951-973 Strickland Bridge Rd, Fayetteville, NC 28314
      View Details
    • Value Estimation by Request
      307,126 SF

      400 Westwood Shopping Ctr

      Lifestyle centers • 307,126 SF
      400 Westwood Shopping Ctr, Fayetteville, NC 28314
      View Details
    • Value Estimation
      $1,995,000
      20,983 SF

      Reilly Rd

      SHOPPING CENTER, STRIP CENTER • 20,983 SF
      Reilly Rd, Fayetteville, NC 28314
      View Details

    Similar Nearby for Sale

    • $400,000

      Retail Investment Opportunity, Fayetteville, NC

      Retail investment opportunity in a thriving Fayetteville, NC location.
      2770 Freedom Pkwy Dr, Fayetteville, NC 28314
      View Details
    • $933,333

      Retail Property on Morganton Road

      Retail space for sale with strong tenant and high visibility.
      5989 Morganton Rd, Fayetteville, NC 28314
      View Details
    • Contact for pricing

      Commercially Zoned Land on Cliffdale

      0.89 acres with high visibility and traffic.
      8131 Cliffdale Rd, Fayetteville, NC 28314
      View Details
    • $950,000
      Pending

      Residential Land Near Cliffdale Road

      15.79-acre residential land near downtown Fayetteville and Fort Bragg.
      618 Covey Dr, Fayetteville, NC 28314
      View Details
    • $110,000
      6.50 Acres

      Fayetteville Land For Sale

      6.5 acres of land available in Fayetteville, North Carolina.
      1540 Buster Vee Ln, Fayetteville, NC 28314
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,070 SF

      Restaurant Space Available For Lease

      7,870 SF restaurant space for lease on Skibo Rd.
      2114 Skibo Rd, Fayetteville, NC 28314
      View Details
    • Contact for pricing

      Retail Space in Fayetteville, NC

      Retail space available in growing Fayetteville near Fort Bragg.
      1912 Skibo Rd, Fayetteville, NC 28314
      View Details
    • $4,063 /Mo
      1,625 SF

      Future Retail Space on Cliffdale

      New shopping center with tenant improvement allowance, completion in 2026.
      5955 Cliffdale Rd, Fayetteville, NC 28314
      View Details
    • Contact for pricing
      330,244 SF

      Cross Pointe Centre: Fayetteville Retail

      High-traffic power center; spaces available
      5075 Morganton Rd, Fayetteville, NC 28314
      View Details
    • $30 SF/Yr

      Future Retail Center on Cliffdale

      Retail spaces available in future shopping center on Cliffdale.
      5955 Cliffdale Rd, Fayetteville, NC 28314
      View Details
    • $4,063 /Mo

      Retail Space in Future Shopping Center

      New retail spaces available in Fayetteville, completion estimated Q4 2026.
      5955 Cliffdale Rd, Fayetteville, NC 28314
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Cross Crk Plz
    Fayetteville, NC 28314
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Cross Crk Plz, Fayetteville, NC, 28314
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!