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Properties
Auto shops
NC
Fayetteville
28301
227 Eastern Blvd

Property profile

227 S Eastern Blvd Fayetteville, NC 28301

FOR SALE

Auto shops

Property ID

US53-1866203

1,242 SF 0.33 ac lot Built 1955

Individually Owned 4-yr Hold Free & Clear

Contact for pricing 1,242 SF

227 S Eastern Blvd, Fayetteville, NC 28301
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This exceptional retail opportunity presents a 1,242-square-foot freestanding building situated on a 0.33-acre lot in East Fayetteville, North Carolina. Located at 227 S Eastern Blvd, zip code 28301, this property boasts a prime location near downtown Fayetteville. The building, constructed in 1955, is zoned CC (Commercial) and currently operates as a tobacco store, demonstrating its suitability for various retail uses. The asking price is $299,000. This presents a strong investment opportunity for entrepreneurs seeking a well-established commercial space in a high-traffic area. The ample 0.33-acre lot provides potential for expansion or future development. The property's convenient location and versatile zoning make it an ideal choice for a wide range of retail businesses seeking to establish a presence in the thriving Fayetteville market. This standalone building offers excellent visibility and accessibility, ensuring a strong foundation for success. Serious inquiries are encouraged to explore this promising commercial real estate investment.

Property type Auto shops

Use group AUTO REPAIR, GARAGE

Year built 1955

Total area 1,242 SF

Lot 0.33 ac (14,375 SF)

Zoning code CC

APN 0447-00-2859

UPID US53-1866203

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

(Bike/Boat/Book/etc) Store

AI Approach AI

$100k

CAP Approach CAP

by Request

Comparable Approach Comparable

by Request

Blend (final) Blend

$105k

since 2022

Last sale

$95,000

3 recorded transactions

2022

Price N/A

2019

Price N/A

2012

$95,000

Zoning description

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 (…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation
$270,000

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Value Estimation
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Value Estimation
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524 Eastern Blvd

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Value Estimation
$1,015,000

11,680 SF

205 Mcduffie St

AUTO REPAIR, GARAGE

205 Mcduffie St, Fayetteville, NC 28301-5819

View Details

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