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    Property profile & analytics
    OFF-MARKET Estimated value $705,000
    Grocery and convenience stores

    2915 Gillespie St, Fayetteville, NC 28306-3323

    13,546 SF 1.84 ac lot Built 1998
    Entity Owned Free & Clear
    Property ID
    US53-1335888
    Property summary
    AI-generated overview

    This exceptional 14,295 square foot storefront, situated on a 1.84-acre lot in Fayetteville, North Carolina, presents a compelling investment opportunity. Built in 1998, the property boasts a prime location at the corner of Airport Road and Business 95/Highway 301, ensuring high visibility and accessibility. The building features 54 parking spaces, two dock doors, and one grade-level door, catering to efficient operations and customer convenience. Zoned MP, this single-tenant retail space is offered at $1,599,999, translating to $111.93 per square foot. The net lease structure and owner/user investment type make this an attractive option for businesses seeking a strategic location with significant potential. The property's size and location make it ideal for a variety of retail uses. This is a rare opportunity to acquire a well-maintained, high-traffic retail space in a thriving market. The substantial lot size offers ample room for expansion or future development. Don't miss this chance to secure a prime commercial property in a highly desirable area of Fayetteville.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group GROCERY, SUPERMARKET
    Year built 1998
    Total area 13,546 SF
    Lot 1.84 ac (80,150 SF)
    Zoning code CP
    APN 0435-04-3744
    UPID US53-1335888
    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
    $470k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $966k
    Blend (final) Blend
    $705k
    Owner & transaction history
    Jhr Real Estate LLC
    Jhr Real Estate LLC
    since 2026
    Last sale
    $750,000
    4 recorded transactions
    2026
    $1.6M
    2021
    $750,000
    2019
    $750,000
    2017
    $740,000
    Zoning & alternative use
    CP · Fayetteville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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