219 W Russell St Fayetteville, NC 28301
For Sale
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This exceptional 14,424 square foot mixed-use property, situated on a 0.71-acre lot in Fayetteville's vibrant Cool Springs district, presents a unique investment opportunity. Currently configured as a plumbing business, the building features a versatile layout ideal for various commercial ventures. The space includes a large warehouse area with two convenient roll-up doors, a separate office and showroom section, and a rear walk-in entry. High ceilings and ample parking add to its appeal. Built in 1970, the property is zoned CC and offers significant potential for redevelopment as a restaurant, creative office space, or other flex-use business. The asking price is $1,300,000, translating to a land value of $72.26 per square foot. While currently 100% occupied, the property's adaptability makes it a compelling investment for long-term growth. Prospective buyers are encouraged to independently verify zoning regulations and building codes to ensure compatibility with their intended use. This is a rare opportunity to acquire a substantial property in a thriving downtown location.
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 (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. He…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · Fayetteville, NCase 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 (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 (HI) District 30-3.E.10. Downtown 1 (DT-1) District 30-3.E.11. Down
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
