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    OFF-MARKET
    Retail space

    1000 Honeycutt Rd, Fayetteville, NC 28311-1046

    1,944 SF 0.77 ac lot Built 1961
    Individually Owned 12-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-0960639
    Property summary
    AI-generated overview

    This exceptional 1.2-acre commercial property, located at 1000 Honeycutt Rd in Fayetteville, North Carolina, presents a remarkable investment opportunity. Priced at $599,000, this C1-zoned lot boasts 1,944 square feet of buildable space and offers unparalleled visibility on a signalized corner. Situated directly across from a popular seafood restaurant, the property benefits from high traffic counts, especially during the morning commute to Fort Liberty. Its strategic location at the first intersection coming off the Fort Bragg Military Base ensures consistent exposure to a large and diverse customer base. The property's zoning allows for a wide range of commercial developments, including convenience stores, gas stations, retail outlets, banks, or community-focused establishments. Utilities are readily accessible at the property boundaries, simplifying the construction process for developers. Built in 1961, this property offers a blank canvas for a new commercial venture, capitalizing on the growing demand for businesses catering to the high traffic volume and proximity to Fort Liberty. The expansive frontage and strategic location make this an ideal investment for those seeking high-traffic retail or breakfast-centric businesses. The asking price per square foot is $308.13. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a thriving Fayetteville market.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1961
    Total area 1,944 SF
    Lot 0.77 ac (33,541 SF)
    Zoning code C1P
    APN 0520-69-1929
    UPID US53-0960639
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Eureka Barber Shop Barber Shop
    • Beautiful Business Solutions Llc General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Bobby Cotton · 12 yrs held
    Bobby Cotton
    since 2013
    1 recorded transaction
    2013
    Zoning & alternative use
    C1P · Fayetteville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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