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    Property profile & analytics

    Reilly Rd Fayetteville, NC 28314

    • Land
    • 150.00 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Reilly Rd

    Lot size
    150.00 lot acres
    Property type
    Land

    Description

    This exceptional 150+/- acre land assemblage presents a significant development opportunity in Fayetteville, North Carolina. Strategically located near the intersection of Cliffdale Road and Reilly Road, providing excellent access to I-295, this property boasts a prime location with high visibility and convenient access to major transportation arteries. Currently zoned AR, the property offers potential for mixed-use development, encompassing single and multifamily residential, commercial, retail, industrial/flex, and research park uses. All utilities are readily available, simplifying the development process. The site comprises five parcels totaling approximately 150 acres, with the potential for expansion, as over 100 additional acres are available for acquisition. Its proximity to Fort Bragg further enhances its appeal, offering a strong potential market for residential and commercial development. The asking price is $50,000 per acre, representing a compelling investment opportunity given the property's size, location, and development potential. This is a rare chance to acquire a substantial land holding in a rapidly growing area with diverse development possibilities. The property's strategic location and zoning flexibility make it an ideal candidate for a large-scale mixed-use project.

    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
    -79.0185
    Latitude
    35.0565

    Comparable in this City

    • Value Estimation by Request
      3.29 Acres

      8363 Cliffdale Rd

      Land • 3.29 Acres
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    • Value Estimation by Request
      5.65 Acres

      Cliffdale Rd

      Land • 5.65 Acres
      0 Cliffdale Rd, Fayetteville, NC 28314
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    • Value Estimation by Request
      53,260 SF

      6037 Morganton Rd

      Restaurants • 53,260 SF
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      4.38 Acres

      400 Westwood Shopping Ctr

      Land • 4.38 Acres
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      6.92 Acres

      Tom Starling Rd

      Land • 6.92 Acres
      0 Tom Starling Rd, Fayetteville, NC 28314
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    • Value Estimation by Request
      150.00 Acres

      Reilly Rd

      Farms • 150.00 Acres
      0 Reilly Rd, Fayetteville, NC 28314
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      39.62 Acres

      Fayetteville Industrial Land Opportunity

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      1452 Reilly Rd, Fayetteville, NC 28314
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    • $150,000
      0.59 Acres

      Fayetteville Commercial Land Opportunity

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      26.00 Acres

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    • $253,000
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      Cliffdale Road Commercial Land

      Prime Fayetteville location, high traffic count.
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      2.94 Acres

      Fayetteville Commercial Land Parcels

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      8.50 Acres

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    Similar Nearby for Lease

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      307,126 SF

      Westwood Shopping Center: Fayetteville, NC

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      Fayetteville Office Space Available

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      350,838 SF

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      Retail Space in Fayetteville, NC

      Former CVS available for sublease in Fayetteville, North Carolina.
      Fayetteville, NC 28314
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    • $4,063 /Mo
      1,625 SF

      Future Retail Space on Cliffdale

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      Ferncreek Office Plaza: Prime Office Space

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    Reilly Rd
    Fayetteville, NC 28314
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    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
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