3007 Fort Bragg Rd Fayetteville, NC 28305
- Office buildings
- 13,732 SF
- 0.72 lot acres
Current Use by Public Records
- Darden, Miranda & Associates Insurance / Insurance Agency / Auto Insurance Agency
- Christi Lowe Productions / Video Production Service / Aerial Photographer
- Wilson James Clu Chfc / Insurance Agency
- KreativeKoncepts Production & Design / Media Company
- Newman Holistic Stretch Therapy / Wellness Program
Property Details for 3007 Fort Bragg Rd
- Year built
- 1962
- Lot size
- 0.72 lot acres
- Property size
- 13,732 SF
- Zone code
- CC
- Property type
- Office buildings
- APN
- 0428-11-7188
- APU
- 428117188
Description
This exceptional 13,732-square-foot executive office building is situated on a 0.72-acre lot in Fayetteville, North Carolina, at 3007 Fort Bragg Road. Currently operating at 90% occupancy with a mix of tenants, the property presents a compelling investment opportunity. The building, constructed of brick, boasts a Class C designation and is zoned CC (Community Commercial), offering considerable flexibility for future uses. The asking price is $650,000. Conveniently located less than ten minutes from Fort Bragg, downtown Fayetteville, and Cross Creek Mall, this property enjoys high visibility and accessibility. Its proximity to Fayetteville Technical Community College (FTCC) further enhances its appeal. The modified lease structure provides flexibility for potential buyers or lessees. The building's current configuration includes a significant portion occupied by the seller and several smaller spaces leased to individual tenants. This presents a unique opportunity to acquire a well-located, established office building with potential for immediate income generation and future development. The property's multi-tenancy structure offers diversification and stability. This is a rare opportunity to acquire a substantial office building in a thriving area of Fayetteville.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $350,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $475,000
- 6.5%
- $465,000
- 7%
- $530,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $575,000
- Geo Method
- $485,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $515,000
- Retail
- $470,000
- Mixed-Use
- $460,000
- Hospitality
- $515,000
- Educational
- $415,000
- Residential Income
- $470,000
- Energy
- $525,000
- Income-Based Land
- $530,000
- Food Service
- $450,000
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Cumberland
- State
- North Carolina
- Longitude
- -78.9272
- Latitude
- 35.0721
- CBSA code
- 22180
- CBSA name
- FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA