Property profile

211 Rankin St Fayetteville, NC 28301

OFF-MARKET
Distribution centers
Property ID
US53-0334986
7,320 SF 0.24 ac lot Built 1920
Entity Owned 6-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional business opportunity presents itself in the vibrant city of Fayetteville, North Carolina. Located at 211 Rankin Street, this property boasts a sizable 0.24-acre lot, offering significant potential for a variety of commercial ventures. The property's address places it within a dynamic and accessible area, promising high visibility and convenient access for customers and employees. The asking price of $5,888 represents a compelling entry point into the Fayetteville market, making it an attractive proposition for both established businesses seeking expansion and entrepreneurs looking to launch a new enterprise. The size of the lot provides ample space for development, allowing for customization to suit specific business needs. Further investigation into zoning regulations and permitted uses is recommended to fully explore the possibilities this property offers. Given its strategic location and attractive price, this property is expected to generate considerable interest. Serious inquiries are encouraged to act swiftly to secure this promising investment opportunity in a thriving North Carolina city. The absence of square footage information in the listing necessitates further due diligence by prospective buyers. This property is being sold "as is."

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1920
Total area 7,320 SF
Lot 0.24 ac (10,454 SF)
Zoning code HI
APN 0437-53-2039
UPID US53-0334986

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
  • Construction Company General Contractor

Location

211 Rankin St Fayetteville, NC 28301-5625
Fayetteville metro Census 3800 FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$770k
CAP Approach CAP
by Request
Comparable Approach Comparable
$592k
Blend (final) Blend
$780k

Owner & transaction history

since 2020
Last sale
$667,000
4 recorded transactions
2020
$667,000
2009
Price N/A
2009
Price N/A
1969
Price N/A

Zoning & alternative use

HI · Fayetteville, NC
Zoning description

imited Commercial (LC) District 30-3.E.5. Community Commercial (CC) District 30-3.E.6. Mixed-Use (MU) District 30-3.E.7.A. Business Park (BP) District 30-3.E.8. Light Industrial (LI) District 30-3.E.9. Heavy Industrial (…

General category INDUSTRIAL
Top alternative use upside
Neighborhood: shopping center $965,000 +110.5%
Office building $965,000 +110.1%
Retail stores $890,000 +94.1%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 211 Rankin St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message