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    FOR SALE
    Auto shops

    227 S Eastern Blvd, Fayetteville, NC 28301

    1,242 SF 0.33 ac lot Built 1955
    Individually Owned 4-yr Hold Free & Clear
    Property ID
    US53-1866203
    Property summary
    AI-generated overview

    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 profile
    Verified
    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
    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
    • 301 Discount Tobacco And Vape (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Enan Albarati · 4 yrs held
    Enan Albarati
    since 2022
    Last sale
    $95,000
    3 recorded transactions
    2022
    2019
    2012
    $95,000
    Zoning & alternative use
    CC · Fayetteville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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