3607 Par Dr, Fayetteville, NC 28311
This exceptional 2.04-acre commercial land parcel, located at 3607 Ramsey St & 132 Par Dr in Fayetteville, North Carolina (28311), presents a compelling investment opportunity. Boasting 180 feet of road frontage on busy Ramsey Street, this property offers direct access to a signalized intersection, ensuring high visibility and accessibility. The lot, zoned CC, has a depth of 580 feet and is served by public water and sewer (PWC). Currently, the front portion houses an automotive shop with a month-to-month tenant paying $2,000 in monthly rent. The remaining 1.5 acres at the rear of the property contains six vacant houses. The 2022 property taxes totaled $12,284.51. This prime location in Cumberland County offers significant redevelopment potential, making it ideal for a variety of commercial ventures. The land is priced at $990,000, or $14.52 per square foot. Don't miss this chance to acquire a highly visible and strategically located commercial property in a thriving 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
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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.