3017 Ramsey St Fayetteville, NC 28301
This 2,044 square foot mixed-use property, located at 3017 Ramsey Street in Fayetteville, North Carolina, presents a unique investment opportunity. Situated on a 0.46-acre lot, this building, constructed in 1955, is currently vacant and offers significant potential for redevelopment. Previously used as a single-family residence, its adaptable layout is ideal for a variety of uses, including a daycare center, traditional office space, or after-school program. The property features a separate apartment or office space in the rear. Its prime location on a major corridor, across from Reid Ross High School and near an elementary school, ensures high visibility and accessibility. The current owner is willing to assist with any necessary rezoning. The asking price is $295,000, translating to $144.32 per square foot. This property offers a compelling combination of location, versatility, and potential for strong returns. Don't miss this chance to acquire a valuable asset in a thriving Fayetteville neighborhood.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.