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Property profile & analytics
FOR LEASE
Office buildings

2801 Owen Dr Fayetteville, NC 28306

1,885 SF 0.16 ac lot Built 1973
Entity Owned 18-yr Hold Free & Clear
Property ID
US53-5393608
Property summary
AI-generated overview

This exceptional 0.5-acre commercial lot is ideally situated at the intersection of Owen Drive and Southern Avenue in Fayetteville, North Carolina, offering unparalleled visibility for businesses seeking high traffic exposure. Zoned CC, this property presents a unique opportunity for a variety of commercial uses, including but not limited to vehicle sales, auto service centers, or even a drive-thru coffee shop. The lot's strategic location ensures easy access and high visibility to potential customers. A significant advantage is the landlord's willingness to allow a cross-easement with the adjacent KFC restaurant, providing convenient access and ample parking for patrons. Utilities are readily available, simplifying the setup process for prospective tenants. The property is offered with a preferred lease term of two to four years, and the monthly gross rent is $1,800. This is a rare opportunity to secure a highly visible and conveniently located commercial lot in a thriving Fayetteville market. The property's address is 2801 Owen Dr, Fayetteville, NC 28306. Power is provided by PWC.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1973
Total area 1,885 SF
Lot 0.16 ac (6,970 SF)
Zoning code CC
APN 0426-81-9704
UPID US53-5393608
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
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
701 Sq LLC · 18 yrs held
701 Sq LLC
since 2008
1 recorded transaction
2008
$150,000
Zoning & alternative use
CC · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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