Technical
Financial
Distress signals
Property profile

106 Jasper St Fayetteville, NC 28301

OFF-MARKET
Super regional malls
Property ID
US53-1256786
12,516 SF 0.73 ac lot Built 1963
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional North Fayetteville retail opportunity encompasses two distinct spaces totaling 12,516 square feet on a 1.02-acre lot. The property, built in 1963 and zoned NC, offers flexible options for various businesses. One space, located at 2112 Murchison Road, is part of a strip center and is ideally suited for a retail tenant requiring approximately 1,500 to 6,500 contiguous square feet. Currently, 8,000 square feet are available for lease. The second space, a substantial 6,500 square foot area at 106 Jasper Street, presents a unique opportunity for a larger tenant or multiple smaller tenants. This space has never been leased and offers significant adaptability for a wide range of uses, subject to Cumberland County zoning regulations. The property's location in the North Fayetteville submarket of Fayetteville, NC (zip code 28301) provides excellent access and visibility. This multi-tenant property presents a compelling investment opportunity for businesses seeking prime retail space in a thriving North Carolina community. Minimum divisible space is 1,500 square feet. The property consists of two suites.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1963
Total area 12,516 SF
Lot 0.73 ac (31,799 SF)
Zoning code NC
APN 0428-85-6724
UPID US53-1256786

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

106 Jasper St Fayetteville, NC 28301
Fayetteville metro Census 1000 FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2020
Last sale
$266,667
2 recorded transactions
2020
$800,000
2016
Price N/A

Zoning & alternative use

NC · Fayetteville, NC
Zoning description

sidential 5 (MR-5) District 30-3.D.6. Manufactured Home (MH) District 30-3.E. Business Base Zoning Districts 30-3.E.1. General Purposes 30-3.E.2. Office and Institutional (OI) District 30-3.E.3. Neighborhood Commercial (…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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