211 Rankin St Fayetteville, NC 28301-5625
- Distribution centers
- 7,320 SF
- 0.24 lot acres
Current Use by Public Records
- D K Enterprises / General Contractor / Mover
Property Details for 211 Rankin St
- Year built
- 1920
- Lot size
- 0.24 lot acres
- Property size
- 7,320 SF
- Zone code
- HI
- Property type
- Distribution centers
- APN
- 0437-53-2039
- APU
- 437532039
Description
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."
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $780,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $630,000
- 6.5%
- $655,000
- 7%
- $660,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $740,000
- Geo Method
- $590,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $575,000
- Retail
- $715,000
- Mixed-Use
- $715,000
- Hospitality
- $605,000
- Educational
- $765,000
- Residential Income
- $780,000
- Energy
- $590,000
- Income-Based Land
- $785,000
- Food Service
- $615,000
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Cumberland
- State
- North Carolina
- Longitude
- -78.8823
- Latitude
- 35.0499
- CBSA code
- 22180
- CBSA name
- FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA
