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Property profile & analytics
OFF-MARKET Estimated value $5,715,000
Commercial real estate

1944 Cedar Crk Rd Fayetteville, NC 28312-9542

33,802 SF 9.95 ac lot Built 1982
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US53-0352725
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1982
Total area 33,802 SF
Lot 9.95 ac (433,422 SF)
Zoning code CC
APN 0455-27-3309
UPID US53-0352725
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
  • Holiday Inn Fayetteville-I-95 South Hotel & Motel
  • Baron's Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.80M
CAP Approach CAP
$6.18M
Comparable Approach Comparable
$7.06M
Blend (final) Blend
$5.72M
Owner & transaction history
Fayetteville Cedar Creek Road Owner · 3 yrs held
Fayetteville Cedar Creek Road Owner
since 2023
Last sale
$5.1M
7 recorded transactions
2023
Price N/A
2023
$5.1M
2020
$7.2M
2019
Price N/A
2019
Price N/A
2017
Price N/A
2009
Price N/A
Zoning & alternative use
CC · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $7.1M +84.4%
Medical building $5.7M +48.0%
Auto repair, garage $5.7M +47.0%
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