2500 Raeford Rd Fayetteville, NC 28305-5708
- Office buildings
- 1,631 SF
- 0.39 lot acres
Current Use by Public Records
- Insurance of the Carolinas / Insurance Agency
- Felicia Fields Your Hometown Realtor / Real Estate Agency
- USA Mortgage - Jamie Ventura / Mortgage Lender
Property Details for 2500 Raeford Rd
- Year built
- 1994
- Lot size
- 0.39 lot acres
- Property size
- 1,631 SF
- Zone code
- CC
- Property type
- Office buildings
- APN
- 0427-41-5957
- APU
- 427415957
Description
The Highland Executive Building offers exceptional office space in Fayetteville, NC. This property features four available suites ranging from approximately 242 to 342 square feet, perfect for small businesses or entrepreneurs. The building is conveniently located on Raeford Road, directly across from Fayetteville's oldest country club, and near the Harris-Teeter Shopping Center. Its central location provides easy access to Haymont and Fayetteville's historic downtown district. Commuting is a breeze, with minutes to the Robeson Street interchange of the Martin Luther King Jr. Highway (NC-87), offering quick connections to I-95 and other major highways. Each unit is a single office space, and shared restrooms are available for tenant use. A significant advantage is the inclusion of utilities in the lease price. This makes budgeting simple and predictable. The building's prime location and convenient amenities make it an ideal choice for businesses seeking a professional and accessible workspace in Fayetteville.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,515,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,350,000
- 6.5%
- $1,165,000
- 7%
- $1,350,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,420,000
- Geo Method
- $1,335,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,040,000
- Retail
- $1,180,000
- Mixed-Use
- $1,145,000
- Hospitality
- $1,150,000
- Educational
- $1,390,000
- Residential Income
- $1,235,000
- Energy
- $1,090,000
- Income-Based Land
- $1,365,000
- Food Service
- $1,190,000
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Cumberland
- State
- North Carolina
- Longitude
- -78.918
- Latitude
- 35.0468
- CBSA code
- 22180
- CBSA name
- FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA
