1944 Cedar Crk Rd Fayetteville, NC 28312-9542
Property profile & analytics
1944 Cedar Crk Rd, Fayetteville, NC 28312-9542
- Commercial real estate
- 33,802 SF
- 9.95 lot acres
Property ID
US53-0352725
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Holiday Inn Fayetteville-I-95 South / Hotel & Motel
- Baron's / Restaurant
Property Details for 1944 Cedar Crk Rd
- Year built
- 1982
- Lot size
- 9.95 lot acres
- Property size
- 33,802 SF
- Zone code
- CC
- Property type
- Commercial real estate
- APN
- 0455-27-3309
- APU
- 455273309
Description
This exceptional 15,000 square foot, single-story commercial building, situated on a 9.99-acre lot in Cumberland County, presents a unique investment opportunity. Built in 1983 and extensively renovated in 2024, the property boasts three separate suites, each with its own entrance, offering flexibility for various tenants. Spaces range from a minimum of 1,000 square feet to a maximum contiguous space of 12,180 square feet, making it ideal for a variety of uses, including medical offices, traditional offices, retail, restaurants, or a combination thereof. The building benefits from a highly visible location just off I-95 on Cedar Creek Road, experiencing high traffic volume with an average annual daily traffic count of 11,000. Its strategic placement adjacent to approximately 200 apartments ensures a built-in customer base. Features include double-height ceilings, abundant natural light, ample on-site parking, and the availability of building and billboard signage. The property's adaptable design allows for built-to-suit spaces, accommodating the specific needs of prospective tenants through subdivision or combination of existing suites. This prime location and versatile space offer significant potential for growth and return on investment.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $6,315,000
- ML approach
- $5,795,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,695,000
- 6.5%
- $6,180,000
- 7%
- $5,735,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $7,055,000
- AI Estimate
- $5,773,000
Market price range: $1.23M - $7.06MMarket price range: $601k - $5.77M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $3,850,000 Current use
- RESTAURANT
- $7,100,000 Change: +84% Conversion: Difficult
- MEDICAL BUILDING
- $5,695,000 Change: +48% Conversion: Easy
- AUTO REPAIR, GARAGE
- $5,660,000 Change: +47% Conversion: Difficult
- OFFICE BUILDING
- $5,360,000 Change: +39% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $4,460,000 Change: +16% Conversion: Difficult
- RETAIL STORES
- $3,985,000 Change: +3% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Cumberland
- State
- North Carolina
- Longitude
- -78.8253
- Latitude
- 35.0067
- CBSA code
- 22180
- CBSA name
- FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$72,269
$784,841
$8,186,728
$8,971,569
-
$784,841
$8,186,728
$8,971,569
