Property profile

1901 Bragg Blvd Fayetteville, NC 28303

OFF-MARKET
Office buildings
Property ID
US53-1035406
1,609 SF 0.45 ac lot Built 1939
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,600 square foot office space, located at 1901-1903 Bragg Boulevard in Fayetteville, North Carolina, presents a fantastic opportunity for businesses seeking a well-maintained and conveniently located office. Situated in the North Fayetteville submarket of Cumberland County, this traditional office space is part of a larger two-story building, totaling 5,000 square feet. Built in 1939 and extensively renovated in 2024, the property boasts a Class B rating and sits on a 0.45-acre lot. The available suite is on the first floor and features four generously sized offices, a kitchenette, and a restroom. Each suite within the building benefits from its own utility meter and climate controls, offering tenants maximum efficiency and cost management. The building's current tenants include a real estate attorney and two medical practitioners, creating a professional and collaborative environment. The space is zoned OI and is offered at a modified gross lease rate of $1,000 per month. This prime location in Fayetteville offers easy access to major roadways and a variety of amenities. Don't miss this chance to secure this exceptional office space.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1939
Total area 1,609 SF
Lot 0.45 ac (19,602 SF)
Zoning code OI
APN 0427-69-8906
UPID US53-1035406

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Daycare Center Foster Care Service

Location

1901 Bragg Blvd Fayetteville, NC 28303-4350
Fayetteville metro Census 900 FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$430k

Owner & transaction history

since 2023
Last sale
$349,000
2 recorded transactions
2023
$349,000
2022
Price N/A

Zoning & alternative use

OI · Fayetteville, NC
Zoning description

Residential 6 (SF-6) District 30-3.D.5. Mixed Residential 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 (…

General category CIVIC_INSTITUTIONAL

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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