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    OFF-MARKET
    Super regional malls

    106 Jasper St, Fayetteville, NC 28301

    12,516 SF 0.73 ac lot Built 1963
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US53-1256786
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Am & Ms Properties INC · 5 yrs held
    Am & Ms Properties INC
    since 2020
    Last sale
    $266,667
    2 recorded transactions
    2020
    $800,000
    2016
    Zoning & alternative use
    NC · Fayetteville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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