Property profile & analytics
231 Meed Ct Fayetteville, NC 28303-2486
This is a 1,500 sq ft office suite located in Fayetteville, NC, within a Class B building. The suite features 4 offices, a reception area, and a kitchenette. It includes 3 restrooms, with one located in a private office. The building has an elevator. Signage opportunities are available on Reilly Road. The property is located approximately 1 mile from Ft Bragg. The configuration is suitable for leasing, with the landlord typically covering water and sewer expenses, and the tenant responsible for electricity costs.
- Office space
- 6,977 SF
- 0.98 lot acres
OFF-MARKET
Value Estimations
$1,595,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US53-1526786
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.
Current Use by Public Records
- RE/MAX United: Priscilla Surgeon / Real Estate Agency
- Candy Tryggestad / Counselor / Social Worker
- CBT Counseling Centers - Fayetteville / Medical Clinic
- De'Lisa Hill / Counselor / Family Counselor
- Access Realty Services Inc: Angela D. Jones, MBA, ABR, GRI, CRS / Real Estate Agency
Property Details for 231 Meed Ct
- Year built
- 2000
- Lot size
- 0.98 lot acres
- Property size
- 6,977 SF
- Zone code
- CC
- Property type
- Office space
- APN
- 9498-67-9230
- APU
- 9498679230
Property Overview
This is a 1,500 sq ft office suite located in Fayetteville, NC, within a Class B building. The suite features 4 offices, a reception area, and a kitchenette. It includes 3 restrooms, with one located in a private office. The building has an elevator. Signage opportunities are available on Reilly Road. The property is located approximately 1 mile from Ft Bragg. The configuration is suitable for leasing, with the landlord typically covering water and sewer expenses, and the tenant responsible for electricity costs.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,515,000
- 6.5%
- $1,400,000
- 7%
- $1,300,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,772,000
- AI Estimate
- $1,618,000
Market price range: $786k - $1.77MMarket price range: $706k - $1.62M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,345,000 Current use
- RESTAURANT
- $1,465,000 Change: +9% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $1,350,000 Change: +0% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,245,000 Change: -7% Conversion: Easy
- MEDICAL BUILDING
- $1,175,000 Change: -12% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Cumberland
- State
- North Carolina
- Longitude
- -79.01
- Latitude
- 35.0889
- 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
$23,585
$266,401
$1,409,545
$1,675,946
-
$266,401
$1,409,545
$1,675,946
