Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    225 Gray St Fayetteville, NC 28301-4780
    Back to Search
    Property profile & analytics

    225 Gray St, Fayetteville, NC 28301-4780

    View on Map
    • Distribution centers
    • 45,620 SF
    • 3.10 lot acres
    Off-Market
    Property ID
    US53-0525789
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,215,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strategic Solutions Unlimited, Inc. (SSU) / Consultant

    Property Details for 225 Gray St

    Year built
    1961
    Lot size
    3.10 lot acres
    Zone code
    LI
    Property type
    Distribution centers
    APN
    0437-87-1651
    APU
    437871651

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 25, 2019 $1,200,000 Strategic Solutions Unlimited Centra Technology INC Grant Deed $1.2M · Centra Technology INC
    Mar 15, 2011 — Centra Technology INC Strategic Solutions Unlimited Warranty Deed $459k · First Citizens Bank & Trust Co
    Sep 17, 2009 $200,000 Strategic Solutions Unltd INC Nat'l Service Industries INC Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $815,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,451,000
      Market price range: $1.45M - $5.23M
      AI Estimate
      $1,372,000
      Market price range: $1.37M - $3.58M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.8725
    Latitude
    35.0623
    CBSA code
    22180
    CBSA name
    FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,820
    $26,609
    $865,407
    $892,016
    -
    $26,609
    $865,407
    $892,016

    Comparable in this City

    • Value Estimation by Request
      10,000 SF

      310 Robeson St

      DISTRIBUTION WAREHOUSE
      310 Robeson St, Fayetteville, NC 28301-5514
      View Details
    • Value Estimation
      $505,000
      4,800 SF

      425 Russell St

      DISTRIBUTION WAREHOUSE
      425 Russell St, Fayetteville, NC 28301-5547
      View Details
    • Value Estimation by Request
      4,400 SF

      349 Winslow St

      DISTRIBUTION WAREHOUSE
      349 Winslow St, Fayetteville, NC 28301-5554
      View Details
    • Value Estimation by Request
      10,000 SF

      904 Russell St

      Distribution properties
      904 Russell St, Fayetteville, NC 28301
      View Details
    • Value Estimation by Request
      22,795 SF

      443 Russell St

      Distribution properties
      443 Russell St, Fayetteville, NC 28301
      View Details
    • Value Estimation
      $660,000
      7,320 SF

      211 Rankin St

      DISTRIBUTION WAREHOUSE
      211 Rankin St, Fayetteville, NC 28301-5625
      View Details

    Similar Nearby for Sale

    • New
      $1,425,000
      17,253 SF

      Industrial Warehouse with Rail Access

      Pre-engineered warehouse with modular office and rail access, well suited for warehousing, distribution, and fabrication operations.
      595 S King St, Fayetteville, NC 28301
      View Details
    • Contact for pricing
      10,924 SF

      Downtown Fayetteville Commercial Space

      Adaptable commercial property in downtown Fayetteville with strong foot traffic.
      123 Hay St, Fayetteville, NC 28301
      View Details
    • $419,000
      5,000 SF

      Versatile Commercial Property on Bragg Boulevard

      5,000 SF commercial property on Bragg Boulevard with high visibility.
      952 Bragg Blvd, Fayetteville, NC 28301
      View Details
    • Contact for pricing
      66,000 SF

      Fayetteville Industrial Site For Sale

      Five-building industrial site on 6+ acres with showroom and IOS.
      957 Country Club Dr, Fayetteville, NC 28301
      View Details
    • $2,110,000
      10,924 SF

      Downtown Fayetteville Commercial Property

      Versatile commercial space in downtown Fayetteville with high visibility.
      123 Hay St, Fayetteville, NC 28301
      View Details
    • $795,000
      Pending

      High Visibility Corner Property

      Corner property with great access and road frontage.
      1813-1817 Pamalee Dr, Fayetteville, NC 28301
      View Details

    Similar Nearby for Lease

    • $2,700 /Mo

      Fayetteville Warehouse Space Available

      Warehouse space with bay doors and fenced parking.
      418 Person St, Fayetteville, NC 28301
      View Details
    • Contact for pricing

      Fayetteville Warehouse Space Available

      Warehouse space available for rent in Fayetteville, North Carolina.
      418 Person St, Fayetteville, NC 28301
      View Details
    • Contact for pricing
      26,736 SF

      Fayetteville Industrial Warehouse For Lease

      Two warehouse buildings for lease near Downtown Fayetteville.
      555 Cool Spring St, Fayetteville, NC 28301
      View Details
    • $5,000 /Mo

      Fayetteville Warehouse Space Available

      Versatile 7,400+ sq ft warehouse in downtown Fayetteville.
      443 Franklin St, Fayetteville, NC 28301
      View Details
    • Contact for pricing

      Fayetteville Flex Space Available

      Multi-use spaces with roll-up doors, suitable for various businesses.
      726 Ramsey St, Fayetteville, NC 28301
      View Details
    • Contact for pricing

      Fayetteville Flex Units For Lease

      Two flex units available for lease in Fayetteville.
      904 E Russell St, Fayetteville, NC 28301
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    225 Gray St
    Fayetteville, NC 28301-4780
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    225 Gray St, Fayetteville, NC, 28301
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!