Property profile

2834 Owen Dr Fayetteville, NC 28306

OFF-MARKET
Office buildings
Property ID
US53-1557783
861 SF 0.22 ac lot Built 1995
Individually Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a commercial suite configured with a reception/lobby area, three to four private offices, a restroom, and a spacious flex area that includes a sink and a service counter window, supporting uses such as a breakroom, retail showroom, or collaborative workspace. The building has historically supported professional and retail operations including a tanning salon, beauty salon, locksmith service, and a recording studio. It is located just beyond the signalized intersection of Owen Dr and Southern Ave, providing access in a commercial corridor near Business I-95, Downtown Fayetteville, Cape Fear Valley Hospital, and Fort Bragg, with surrounding uses including restaurants and retail businesses.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1995
Total area 861 SF
Lot 0.22 ac (9,583 SF)
Zoning code CC
APN 0426-91-1584
UPID US53-1557783

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

2834 Owen Dr Fayetteville, NC 28306-2937
Fayetteville metro Census 500 FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$100k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$80k

Owner & transaction history

since 2020
Last sale
$68,000
1 recorded transaction
2020
$68,000

Zoning & alternative use

CC · Fayetteville, NC
Zoning description

ase Zoning Districts 30-3.E.1. General Purposes 30-3.E.2. Office and Institutional (OI) District 30-3.E.3. Neighborhood Commercial (NC) District 30-3.E.4. Limited Commercial (LC) District 30-3.E.5. Community Commercial (…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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