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205 Eastern Blvd Fayetteville, NC 28301-5105

OFF-MARKET Office buildings Google Maps
2,852 SF 0.3 ac lot Built 1958
Entity Owned 3-yr Hold ~ Est. High Equity
Estimated value (blended)
$205k
Range $185k – $226k (±10%)
Property ID US53-5381649

Property summary

AI-generated overview

This versatile office/retail space at 205 N Eastern Blvd offers 1,606 square feet currently available for lease (Unit A). Ideally situated near downtown, I-95, the airport, and abundant shopping, this property enjoys a high-traffic location. The building's flexible use allows for diverse business needs. Unit A features a private bathroom, and all tenants share a common room. Landlords are receptive to both short-term and long-term lease agreements and are open to tenant customization. Recently restriped paved parking is available. Detailed floor plans are accessible upon request. Utilities are billed by the landlord, with tenants paying a percentage based on their leased square footage. This property presents a unique opportunity for businesses seeking a convenient and adaptable workspace in a prime location. Schedule a viewing today.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1958
Total area 2,852 SF
Lot 0.3 ac (13,068 SF)
Zoning code CC
APN 0447-03-3168
UPID US53-5381649

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Car Dealership

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$200k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$205k

Owner & transaction history

since 2023
Last sale
$165,000
6 recorded transactions
2026
Price N/A
2023
$188,500
2017
Price N/A
2013
Price N/A
2008
$167,000
2007
$160,000

Zoning & alternative use

CC · Fayetteville, NC
Zoning description

ase Zoning Districts 30-3.E.1. General Purposes 30-3.E.2. Office and Institutional (OI) District 30-3.E.3. Neighborhood Commercial (NC) District 30-3.E.4. Limited Commercial (LC) District 30-3.E.5. Community Commercial (…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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