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Property profile & analytics
FOR SALE
Banks

2617 Bragg Blvd Fayetteville, NC 28303

1,920 SF 0.53 ac lot Built 1974
Entity Owned Free & Clear
Property ID
US53-2021953
Property summary
AI-generated overview

This 1,920-square-foot former bank branch presents a unique opportunity in Fayetteville, North Carolina. Located at 2617 Bragg Blvd, this vacant property sits on a 1.04-acre lot and boasts a highly visible location with excellent access. The building, constructed in 1974, is a single-story structure with a C1 zoning designation (Udo Cumberland County - Revised 8/21/23), offering versatility for various retail uses. The property benefits from a three-lane drive-thru, abundant onsite parking, and prominent monument signage at both entrances. Its strategic location is adjacent to Fayetteville Technical Community College (10,932 students), placing it within a thriving student population. Furthermore, it's surrounded by numerous national retailers, including McDonald's, Burger King, Domino's, Krispy Kreme, Circle K, and the Cross Creek Mall (over 100 retailers), ensuring high foot traffic and visibility. The property enjoys high traffic counts, with 27,000 vehicles per day on Bragg Blvd and 12,000 vehicles per day on Bragg Rd. Its position between Bragg Blvd and Fort Bragg Rd provides convenient ingress and egress, and its proximity to Fort Liberty (the largest military base in the US) adds to its appeal. This property offers significant potential for a variety of retail businesses seeking a prime location with high visibility and accessibility. The sale price is available upon request.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1974
Total area 1,920 SF
Lot 0.53 ac (23,087 SF)
Zoning code CC
APN 0428-21-6222
UPID US53-2021953
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
  • First Citizens Bank ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
FIRST CITIZENS BANK & AMP & TRUST CO
FIRST CITIZENS BANK & AMP & TRUST CO
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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