Property summary
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
VerifiedCap rate & NOI
Current use
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Construction Company General Contractor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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 (…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
HI · Fayetteville, NCimited 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 (…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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 (…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for HI in Fayetteville, NC.
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