Property profile

305 Eastern Blvd Fayetteville, NC 28301

OFF-MARKET
Drive through restaurants
Property ID
US53-1108689
3,697 SF 0.3 ac lot Built 1974
Individually Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a former restaurant building totaling approximately 3,697 square feet, located on a 1.03-acre lot. The site includes drive-through service, a large off-street parking lot, and a pylon sign, and the building is configured for prior restaurant use (no restaurant equipment is included). A deed restriction is imposed to limit restaurant use such that a tenant cannot sell 50% or more chicken from the property.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1974
Total area 3,697 SF
Lot 0.3 ac (13,068 SF)
Zoning code CC
APN 0447-03-3388
UPID US53-1108689

Cap rate & NOI

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

Location

305 Eastern Blvd Fayetteville, NC 28301-5107
Fayetteville metro Census 200 FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2022
4 recorded transactions
2022
Price N/A
2020
Price N/A
2011
Price N/A
1969
Price N/A

Zoning & alternative use

CC · Fayetteville, NC
Zoning description

ase Zoning Districts 30-3.E.1. General Purposes 30-3.E.2. Office and Institutional (OI) District 30-3.E.3. Neighborhood Commercial (NC) District 30-3.E.4. Limited Commercial (LC) District 30-3.E.5. Community Commercial (…

General category COMMERCIAL

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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