You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
FOR SALE
Grocery and convenience stores

1935 Gillespie St Fayetteville, NC 28306

1,472 SF 0.27 ac lot Built 1976
Individually Owned 3-yr Hold Free & Clear
Property ID
US53-1303222
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1976
Total area 1,472 SF
Lot 0.27 ac (11,761 SF)
Zoning code CC
APN 0436-13-6134
UPID US53-1303222
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
Current use
Occupant on record · Public records
  • Hobbs and Hess Event Planning Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Michael Wayne George · 3 yrs held
Michael Wayne George
since 2022
Last sale
$70,000
2 recorded transactions
2022
$70,000
2019
$130,000
Zoning & alternative use
CC · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message