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    Property profile & analytics
    OFF-MARKET Estimated value $660,000
    Distribution centers

    211 Rankin St, Fayetteville, NC 28301-5625

    7,320 SF 0.24 ac lot Built 1920
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US53-0334986
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • D K Enterprises Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $770k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $592k
    Blend (final) Blend
    $660k
    Owner & transaction history
    211 Rankin Street LLC · 6 yrs held
    211 Rankin Street LLC
    since 2020
    Last sale
    $667,000
    4 recorded transactions
    2020
    $667,000
    2009
    2009
    1969
    Zoning & alternative use
    HI · Fayetteville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $965,000 +110.5%
    Office building $965,000 +110.1%
    Retail stores $890,000 +94.1%
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