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Financial
Distress signals
Property profile

109 Gillespie St Fayetteville, NC 28301

FOR LEASE
Office buildings
Property ID
US53-2236777
1,406 SF 0.08 ac lot Built 1900
Last sale Feb 2025 · $685,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This stunning, fully renovated (2020) two-story executive office building at 109 Gillespie Street in Fayetteville, North Carolina, presents a unique opportunity. Priced at $700,000, this 5,200 square foot Class B property boasts seven spacious offices, a welcoming reception area, two conference rooms, and an expansive workspace. Four restrooms cater to employee and client needs. The building's original exposed brick walls and polished concrete floors create a sophisticated blend of historic…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$511k
Assessed land$128k
Assessed improvement$384k
Effective rate1.10%

Value estimate

· Oct 2026
$280k
$252k – $308k
AI approach$280k
NOI build-up
Gross scheduled income$47k
Vacancy & credit loss−$5k
Operating expenses−$13k
NOI · 163,694.44% cap applied$29k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$132/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$47 – $189
Qualifying comparables5

Cap rate analysis

How does the asset earn?
163,694.44%
$29k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
DT1 - DOWNTOWN AREA 1
JurisdictionCUMBERLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.1
Laundry Service9.0
Bakery8.8

Location

109 Gillespie St Fayetteville, NC 28301
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
127 Cool Spg, Fayetteville, NC 28301-5723 $100,000 Apr 2025 1,924 SF
273 Gillespie, Fayetteville, NC 28301-5672 $70,000 Jul 2023 1,008 SF
1500 Bragg, Fayetteville, NC 28301-4889 $285,000 May 2023 1,944 SF
216 Mason, Fayetteville, NC 28301-5047 $295,000 Jul 2022 1,758 SF
107 Gillespie, Fayetteville, NC 28301-5643 $300,000 Feb 2022 1,496 SF
226 Rowan, Fayetteville, NC 28301-4922 $375,000 Feb 2022 1,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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