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Property profile & analytics
OFF-MARKET
Estimated value
$2,075,000
Retail space
202 Eastern Blvd, Fayetteville, NC 28301-5907
Entity Owned
3-yr Hold
Free & Clear
Property ID
US53-2493310
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2012
Total area
7,545 SF
Lot
1.02 ac (44,431 SF)
Zoning code
LC
APN
0447-01-0567
UPID
US53-2493310
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
-
O'Reilly Auto Parts Auto Parts Store
-
Melvin Finance Inc Loan Service
-
Wieners r us Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.48M
CAP Approach
CAP
$1.31M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.08M
Owner & transaction history
Mdc Nc1 LP · 3 yrs held
Mdc Nc1 LP
since 2023
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
LC · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+72.7%
Medical building
$1.3M
+38.6%
Auto repair, garage
$1.3M
+37.6%
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
$2,515,000
ML approach
$2,475,000
CAP Approach
CAP Return
Estimation
6%
$1,420,000
6.5%
$1,310,000
7%
$1,220,000
Alternative Use
Use
Estimation
RESTAURANT
$1,585,000
Change: +73% · Conversion: Easy
MEDICAL BUILDING
$1,270,000
Change: +39% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,265,000
Change: +38% · Conversion: Difficult
Blend value · Realmo final
$2.08M
Range $1.87M – $2.28M · ±10% · vs last sale $2.04M (Apr 6 2023)
Last sale anchor
$2.04M
Apr 6 2023
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
$275 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$9,955
Tax year 2019
Assessed value
$700,103
Assessed 2023
Previous assessed
$700,103
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$162,411
Assessed improvement
$537,692
Land market value
$162,411
Improvement market value
$537,692
Total market value
$700,103
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
2012
Heating
NONE
Stories
1
Bathrooms
2
Total area
7,545 SF
Lot
1.02 ac (44,431 SF)
Zoning code
LC
APN
0447-01-0567
UPID
US53-2493310
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
RESTAURANT
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2012
Heating
NONE
Stories
1
Bathrooms
2
Lot
1.02 ac
Current owner
From public records · entity-resolved
Mdc Nc1 LP
Entity
Free & Clear · 3 yrs held
Mailing address
11995 EL CAMINO REAL, SAN DIEGO, CA 92130-2539
Ownership since
2023
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
Apr 6, 2023
$2,035,500
Mdc Nc1 LP
Cole Or Fayetteville Nc LLC
Special Warranty Deed
—
Jun 27, 2014
—
Cole Or Fayetteville Nc LLC
—
Grant Deed
related
$75,000,000 · Jp Morgan Chase Bank NA
Mar 19, 2014
$1,643,500
Cole Or Fayetteville Nc LLC
Djsmd LLC
Grant Deed
—
Oct 18, 2011
$325,000
Djsmd LLC
Hair,john S
Warranty Deed
—
Oct 4, 2007
—
Owner Name Unavailable
Sheriff Of Cumberland County
Trustees Deed
related
—
May 12, 2005
—
Owner Name Unavailable
Sheriff Of Cumberland County
Grant Deed
related
—
—
—
Djsmd LLC
—
Deed Of Trust
related
$1,084,262 · Newbridge Bank
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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