1935 Gillespie St, Fayetteville, NC 28306
For Sale
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This exceptional 2,800 square foot retail building, located at 1935 Gillespie St in Fayetteville, NC, presents a unique owner-user opportunity. Completely renovated in 2023, this two-story structure boasts a prime location near Gillespie St, S Eastern Blvd, and I-95 Business/US-301, enjoying high visibility and an average daily traffic count of approximately 28,700 vehicles. The building features convenient access with two curb cuts and two exterior canopies. The first floor offers ample retail space, perfect for a convenience store or similar business, while the second floor provides additional space ideal for offices or storage. Situated on a 0.27-acre lot, this property is zoned CC - Community Commercial. The building was constructed in 1976 and underwent a complete renovation in 2023. The asking price is $425,000, translating to $151.79 per square foot. This is a vacant, single-unit property with 2,800 square feet of net rentable space. Its proximity to the Crown Complex further enhances its appeal. Don't miss this chance to own a thriving retail space in a high-traffic area of Fayetteville. APN: 0436136134.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · Fayetteville, NCFayetteville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.