Property profile

2968 Damascus Rd Fayetteville, NC 28303

FOR SALE
Land
Property ID
US53-0902111
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Property summary

AI-generated overview

30 plus acres in fill land, one of the last remaining in the area, surrounded by higher end subdivision, center of town, near the mall, restaurants, good school district, highest priced home per square foot in town, this tract would make excellent mixed use residential. Zoned for more units than will fit on the lot, small pond on site would make nice water feature. Road frontage, water, sewer, all available. This property will make an excellent senior care facility site. Located beside Woodland subdivision, Huntington Park and Skye Dr. All these subdivisions are located in town, near Cross Creek Mall and several other shopping and dinning destinations.

Property profile

Verified
Property type Land
UPID US53-0902111

Cap rate & NOI

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

Location

2968 Damascus Rd Fayetteville, NC 28303
Fayetteville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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