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Property profile & analytics
OFF-MARKET
Estimated value
$1,860,000
Office buildings
2850 Vlg Dr Fayetteville, NC 28304-3869
Entity Owned
1-yr Hold
Free & Clear
Property ID
US53-0829645
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Total area
11,341 SF
Lot
1.86 ac (81,022 SF)
Zoning code
OI
APN
0426-26-6851
UPID
US53-0829645
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
-
Willis W Allen MD Physician
-
Maginnis Howard Fayetteville Law Firm
-
W. E. CLARK Law Firm
-
PruittHealth Hospice - Fayetteville Nursing Home
-
Martin Weinrauch PA Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.28M
Comparable Approach
Comparable
$1.74M
Blend (final)
Blend
$1.86M
Owner & transaction history
2850 Village Drive LLC · 1 yrs held
2850 Village Drive LLC
since 2025
5 recorded transactions
Zoning & alternative use
OI · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.4M
+46.4%
Medical building
$1.9M
+17.8%
Auto repair, garage
$1.9M
+16.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fayetteville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fayetteville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,465,000
6.5%
$2,275,000
7%
$2,115,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,630,000
Current use
RESTAURANT
$2,380,000
Change: +46% · Conversion: Moderate
MEDICAL BUILDING
$1,915,000
Change: +18% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,900,000
Change: +17% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,495,000
Change: -8% · Conversion: Difficult
RETAIL STORES
$1,335,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$1.86M
Range $1.67M – $2.05M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$164 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$21,594
Tax year 2023
Assessed value
$1,892,897
Assessed 2023
Previous assessed
$1,892,897
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$512,015
Assessed improvement
$1,380,882
Land market value
$512,015
Improvement market value
$1,380,882
Total market value
$1,892,897
Applied tax rate
1,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Heating
NONE
Stories
1
Total area
11,341 SF
Lot
1.86 ac (81,022 SF)
Zoning code
OI
APN
0426-26-6851
UPID
US53-0829645
Jurisdiction
CUMBERLAND
Zoning & alternative use
OI · Fayetteville, NC
Zoning OI · permitted uses
OI · Fayetteville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fayetteville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.6M
RESTAURANT
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
RETAIL STORES
Est. value
$1.3M
OFFICE BUILDING Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Stories
1
Lot
1.86 ac
Current owner
From public records · entity-resolved
2850 Village Drive LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1518 GLN EDEN DR, RALEIGH, NC 27612-4332
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2026
—
2850 Village Drive LLC
—
Deed
related
$176,290 · The Fidelity Bank
May 9, 2025
—
2850 Village Drive LLC
Clark Management II LLC
Deed
—
Nov 1, 2023
—
Clark Management II LLC
Margaret St. Clair Clark
Special Warranty Deed
—
Oct 31, 2023
—
Margaret St. Clair Clark
A David Bock
Special Warranty Deed
—
Sep 24, 2015
—
Clark,william E 1951 Trust
Clark,william E
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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