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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Retail space
2010 Strickland Brg Rd Fayetteville, NC 28304-0469
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US53-3802033
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2014
Total area
9,415 SF
Lot
1.12 ac (48,787 SF)
Zoning code
LC
APN
9496-70-4626
UPID
US53-3802033
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
-
Dollar General Grocery & Convenience Store Food Market
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$972k
Blend (final)
Blend
$910k
Owner & transaction history
Exchangeright Net Leased Po 18 · 8 yrs held
Exchangeright Net Leased Po 18
since 2017
7 recorded transactions
Zoning & alternative use
LC · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.4M
+21.8%
Neighborhood: shopping center
$1.2M
+11.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fayetteville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fayetteville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,110,000
Current use
OFFICE BUILDING
$1,350,000
Change: +22% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,240,000
Change: +12% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,070,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$97 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,920
Tax year 2023
Assessed value
$852,918
Assessed 2023
Previous assessed
$852,918
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$126,086
Assessed improvement
$726,832
Land market value
$126,086
Improvement market value
$726,832
Total market value
$852,918
Applied tax rate
1,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2014
Heating
NONE
Stories
1
Total area
9,415 SF
Lot
1.12 ac (48,787 SF)
Zoning code
LC
APN
9496-70-4626
UPID
US53-3802033
Jurisdiction
CUMBERLAND
Zoning & alternative use
LC · Fayetteville, NC
Zoning LC · permitted uses
LC · Fayetteville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fayetteville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Heating
NONE
Stories
1
Lot
1.12 ac
Current owner
From public records · entity-resolved
Exchangeright Net Leased Po 18
Individual
Mailing address
2727 LYNDON B JOHNSON FWY STE #806, DALLAS, TX 75234-7334
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2019
—
Exchangeright Net Leased Portf
—
Deed
related
$62,527,000 · Morgan Stanley Bk
Nov 22, 2017
—
Exchangeright Net Leased Po 18
Exchangeright Net Leased Po 18
Quit Claim Deed
related
$33,441,294 · Bank Of America
Nov 21, 2017
$1,315,000
Exchangeright Net Leased Po 18
Par 3 Dev Group LLC
Grant Deed
$50,161,941 · Bank Of America
Jan 10, 2017
$431,250
Par 3 Development Group LLC
Ncfc Services LLC Substitute Truste
Trustees Deed
related
$922,412 · American National Bank And Trust Company
Nov 20, 2014
—
Fayetteville Nc Fd LLC
—
Trustees Deed
related
$200,000 · Pi Holdings II INC
May 22, 2013
—
Fayetteville Nc Fd LLC
—
Trustees Deed
related
$586,032 · Branch Banking & Trust Co
Sep 28, 2012
$125,000
Fayetteville Nc
Hkr Enterprices
Warranty Deed
$65,000 · Branch Banking And Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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