For Sale
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Property summary
The property is a commercial building located near the intersection of South Eastern Blvd, Gillespie St., and I-95 Business, with frontage providing high roadside visibility. It is suited for uses including a vape store, mini mart (with alcohol sales permitted in the district), office, and a range of retail and service businesses. The building includes two drive-through windows, ample on-site parking, and exterior area lights. A former cooler was part of the space, and the compressor associated with that cooler has been removed. The building has approximately 2,806 square feet of interior space and features a recently upgraded metal roof, an electric heat pump, new flooring, and electrical work. An upstairs area is accessible from both inside the building and via a private exterior entrance; it can function as office space or residential use (without a shower) and includes two offices/bedrooms, washer and dryer hookups, a half bath, and a partially finished kitchen area with a sink.
Property profile
VerifiedCap rate & NOI
Current use
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Location
Value estimations
Owner & transaction history
Zoning & alternative use
ase Zoning Districts 30-3.E.1. General Purposes 30-3.E.2. Office and Institutional (OI) District 30-3.E.3. Neighborhood Commercial (NC) District 30-3.E.4. Limited Commercial (LC) District 30-3.E.5. Community Commercial (…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Fayetteville market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
CC · Fayetteville, NCase Zoning Districts 30-3.E.1. General Purposes 30-3.E.2. Office and Institutional (OI) District 30-3.E.3. Neighborhood Commercial (NC) District 30-3.E.4. Limited Commercial (LC) District 30-3.E.5. Community Commercial (…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
ase Zoning Districts 30-3.E.1. General Purposes 30-3.E.2. Office and Institutional (OI) District 30-3.E.3. Neighborhood Commercial (NC) District 30-3.E.4. Limited Commercial (LC) District 30-3.E.5. Community Commercial (…
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The district profile from the municipal source: what is on file for CC in Fayetteville, NC.
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