301 Robeson St Fayetteville, NC 28301-5513
- Retail space
- 11,700 SF
- 1.78 lot acres
Aug 12, 2024
Current Use by Public Records
- Retail space
Property Details for 301 Robeson St
- Year built
- 1956
- Lot size
- 1.78 lot acres
- Property size
- 11,700 SF
- Zone code
- CC
- Property type
- Retail space
- APN
- 0437-33-3433
- APU
- 437333433
Description
This exceptional 11,700-square-foot retail building at 301 Robeson Street in Downtown Fayetteville, North Carolina, presents a compelling investment opportunity. Built in 1956, this single-tenant property sits on a sizable 1.78-acre lot, offering 600 feet of road frontage and over 25 on-site parking spaces. The building's concrete and brick masonry construction ensures durability, while its expansive open floor plan provides flexibility for a variety of commercial uses, including retail, logistics, or redevelopment projects. Key features include two restrooms and a convenient receiving dock complete with a 9-foot roll-up door and leveler, facilitating efficient loading and unloading. The property benefits from its high visibility location, boasting an average annual daily traffic count exceeding 17,000 vehicles. Zoned CC in Cumberland County (zip code 28301), this property is ideally situated within the vibrant Downtown Fayetteville submarket, offering excellent access and exposure. The entire 11,700 square feet is currently vacant, providing a blank canvas for a new business or redevelopment venture. This prime location and substantial space make this an attractive proposition for discerning investors seeking a strong foothold in a thriving urban center.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $525,000
- ML approach
- $525,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $728,000
- AI Estimate
- $677,000
Market price range: $608k - $1.95MMarket price range: $558k - $1.98M
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Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Cumberland
- State
- North Carolina
- Longitude
- -78.8886
- Latitude
- 35.0508
- CBSA code
- 22180
- CBSA name
- FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA