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    Property profile & analytics

    2801 Owen Dr Fayetteville, NC 28306

    • Office buildings
    • 1,885 SF
    • 0.16 lot acres
    For Lease
    View listing
    $43,200
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US53-5393608
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 2801 Owen Dr

    Year built
    1973
    Lot size
    0.16 lot acres
    Property size
    1,885 SF
    Zone code
    CC
    Property type
    Office buildings
    APN
    0426-81-9704
    APU
    426819704

    Description

    This exceptional 0.5-acre commercial lot is ideally situated at the intersection of Owen Drive and Southern Avenue in Fayetteville, North Carolina, offering unparalleled visibility for businesses seeking high traffic exposure. Zoned CC, this property presents a unique opportunity for a variety of commercial uses, including but not limited to vehicle sales, auto service centers, or even a drive-thru coffee shop. The lot's strategic location ensures easy access and high visibility to potential customers. A significant advantage is the landlord's willingness to allow a cross-easement with the adjacent KFC restaurant, providing convenient access and ample parking for patrons. Utilities are readily available, simplifying the setup process for prospective tenants. The property is offered with a preferred lease term of two to four years, and the monthly gross rent is $1,800. This is a rare opportunity to secure a highly visible and conveniently located commercial lot in a thriving Fayetteville market. The property's address is 2801 Owen Dr, Fayetteville, NC 28306. Power is provided by PWC.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $290,000
      6.5%
      $315,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $360,000
      Geo Method
      $270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $320,000
      Retail
      $285,000
      Mixed-Use
      $320,000
      Hospitality
      $255,000
      Educational
      $300,000
      Residential Income
      $345,000
      Energy
      $335,000
      Income-Based Land
      $340,000
      Food Service
      $300,000

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.9034
    Latitude
    35.0187
    CBSA code
    22180
    CBSA name
    FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $2,118
    $53,553
    $87,393
    $140,946
    -
    $53,553
    $87,393
    $140,946

    Comparable in this City

    • Value Estimation by Request
      1,120 SF

      3713 Cumberland Rd

      OFFICE BUILDING • 1,120 SF
      3713 Cumberland Rd, Fayetteville, NC 28306-7000
      View Details
    • Value Estimation by Request
      1,962 SF

      1914 Gillespie St

      OFFICE BUILDING • 1,962 SF
      1914 Gillespie St, Fayetteville, NC 28306-1854
      View Details
    • Value Estimation
      $80,000
      861 SF

      2834 Owen Dr

      OFFICE BUILDING • 861 SF
      2834 Owen Dr, Fayetteville, NC 28306-2937
      View Details
    • Value Estimation
      $370,000
      1,350 SF

      4244 Cumberland Rd

      OFFICE BUILDING • 1,350 SF
      4244 Cumberland Rd, Fayetteville, NC 28306-2697
      View Details
    • Value Estimation by Request
      1,512 SF

      3851 Gillespie St

      OFFICE BUILDING • 1,512 SF
      3851 Gillespie St, Fayetteville, NC 28306-9052
      View Details
    • Value Estimation
      $460,000
      2,508 SF

      420 Chicago Dr

      OFFICE BUILDING • 2,508 SF
      420 Chicago Dr, Fayetteville, NC 28306-1586
      View Details

    Similar Nearby for Sale

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      Land • 3.17 Acres
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    Similar Nearby for Lease

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    • $7 SF/Yr
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    Fayetteville, NC 28306
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    Realmo Value Estimation

    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.

    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.

    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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