Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3107 Raeford Rd Fayetteville, NC 28303-5316

    • Office buildings
    • 3,056 SF
    • 0.74 lot acres
    OFF-MARKET
    Last Sale
    Aug 17, 2022
    $775,000
    Value Estimations
    $780,000
    Show details
    Cap Rate Potential
    4.6%
    Office buildings
    Location Intelligence
    Property ID
    US53-0068030
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Aveanna Home Health / Home Health Care Service / Medical Supply Store

    Property Details for 3107 Raeford Rd

    Year built
    1960
    Lot size
    0.74 lot acres
    Property size
    3,056 SF
    Zone code
    CC
    Property type
    Office buildings
    APN
    0427-01-4079
    APU
    427014079

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $875,000
      ML approach
      $920,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $665,000
      6.5%
      $615,000
      7%
      $570,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $776,000
      Market price range: $344k - $776k
      AI Estimate
      $709,000
      Market price range: $309k - $709k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $590,000
      Current use
      AUTO REPAIR, GARAGE
      $590,000
      Change: +0% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $545,000
      Change: -7% Conversion: Easy
      MEDICAL BUILDING
      $515,000
      Change: -12% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.9315
    Latitude
    35.0444
    CBSA code
    22180
    CBSA name
    FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,147
    $428,769
    $297,024
    $725,793
    -
    $428,769
    $297,024
    $725,793

    Comparable in this City

    • Value Estimation by Request
      1,296 SF

      5114 Yadkin Rd

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 1,296 SF
      5114 Yadkin Rd, Fayetteville, NC 28303-6012
      View Details
    • Value Estimation by Request
      1,144 SF

      Fayetteville, NC 28303

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 1,144 SF
      Fayetteville, NC 28303
      View Details
    • Value Estimation by Request
      900 SF

      3007 Raeford Rd

      OFFICE BUILDING • 900 SF
      3007 Raeford Rd, Fayetteville, NC 28303-5391
      View Details
    • Value Estimation by Request
      2,324 SF

      405 Barrington Cross

      OFFICE BUILDING • 2,324 SF
      405 Barrington Cross, Fayetteville, NC 28303-4701
      View Details
    • Value Estimation by Request
      400 SF

      2311 Bragg Blvd

      OFFICE BUILDING • 400 SF
      2311 Bragg Blvd, Fayetteville, NC 28303-4255
      View Details
    • Value Estimation
      $1,115,000
      4,872 SF

      2800 Breezewood Ave

      OFFICE BUILDING • 4,872 SF
      2800 Breezewood Ave, Fayetteville, NC 28303-5408
      View Details

    Similar Nearby for Sale

    • New
      $600,000
      Pending

      Fayetteville Office Building For Sale

      Office building in a prime location, convenient to Fort Liberty.
      269 Westlake Rd, Fayetteville, NC 28303
      View Details
    • $650,000
      13,732 SF

      Office Building on Fort Bragg

      13,732 SF office building for sale or lease.
      3007 Fort Bragg Rd, Fayetteville, NC 28303
      View Details
    • $170,000
      1,296 SF

      Fayetteville Office Near Yadkin Road

      Office space with reception, conference room, and private offices.
      5114 Yadkin Road Ext, Fayetteville, NC 28303
      View Details
    • $725,000

      Fayetteville Office Space For Sale

      Professional office space with reception, conference room, and individual offices.
      2919 Breezewood Ave, Fayetteville, NC 28303
      View Details
    • $565,000
      5,070 SF

      Fayetteville Medical Office Building

      Prime location, 5,070 SF medical office.
      3635 Sycamore Dairy Rd, Fayetteville, NC 28303
      View Details
    • $999,000

      Prime Retail/Office Land Opportunity

      0.81 acre lot suitable for retail or office development.
      3310 Raeford Rd, Fayetteville, NC 28303
      View Details

    Similar Nearby for Lease

    • $2,200 /Mo

      Fayetteville Office Building For Rent

      Class A office building available for lease in Fayetteville, NC.
      1540 Purdue Dr, Fayetteville, NC 28303
      View Details
    • $2,000 /Mo

      Functional Office Space For Rent

      Move-in ready office suite designed for medical or professional use.
      2915 Raeford Rd, Fayetteville, NC 28303
      View Details
    • New
      $1,500 /Mo
      1,199 SF

      Fayetteville Commercial Suite For Rent

      Well-located commercial suite suitable for personal service or professional use.
      5114 Yadkin Road Ext, Fayetteville, NC 28303
      View Details
    • $2,200 /Mo

      Fayetteville Commercial Space For Lease

      Prime commercial space available for lease in Fayetteville, North Carolina.
      3801 Sycamore Dairy Rd, Fayetteville, NC 28303
      View Details
    • $1,500 /Mo
      911 SF

      Fayetteville Commercial Space For Rent

      Versatile commercial space in a high-demand Fayetteville location.
      1503 Hope Mills Rd, Fayetteville, NC 28303
      View Details
    • Contact for pricing
      790,582 SF

      Cross Creek Mall: Retail & Office Space

      Fayetteville, NC commercial space available.
      419 Cross Creek St, Fayetteville, NC 28303
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3107 Raeford Rd
    Fayetteville, NC 28303-5316
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.