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    324 Person St Fayetteville, NC 28301-5736
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    Property profile & analytics

    324 Person St, Fayetteville, NC 28301-5736

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    • Office buildings
    • 13,597 SF
    • 2.10 lot acres
    Off-Market
    Last Sale Mar 17, 2020
    $1,970,000
    Property ID
    US53-1458409
    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.

    Value Estimations
    $1,975,000
    Show details
    Cap Rate Potential
    7.7%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Carolina Outreach / Crisis Center / Medical Clinic
    • GLI Food Services / Restaurant
    • Diamond Hearts Alcohol Detox Fayetteville, NC / Health Counselor / Rehabilitation Center
    • Michael Grayson / Counselor

    Property Details for 324 Person St

    Year built
    1972
    Lot size
    2.10 lot acres
    Zone code
    DT
    Property type
    Office buildings
    APN
    0437-73-7212
    APU
    437737212

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 17, 2020 $1,970,000 324 Person Street LLC Tomjohn Investments LLC Special Warranty Deed $1.8M · First Citizens Bank & Trust Co
    Mar 17, 2020 — 324 Person Street LLC — Deed Of Trust · related $1.8M · First Citizens Bk
    Nov 30, 2018 — Tomjohn Investments LLC — Deed · related $200k · Bb&t Collateral Svcs
    Dec 18, 2017 $890,000 Tomjohn Investments LLC Transportation Realty Income P Grant Deed $980k · Branch Bk&tr
    — — Tomjohn Investments LLC — Deed Of Trust · related $200k · Bb&t Collateral Svcs

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,305,000
      ML approach
      $2,290,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,955,000
      6.5%
      $2,730,000
      7%
      $2,535,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,695,000
      Market price range: $635k - $2.58M
      AI Estimate
      $1,633,000
      Market price range: $1.04M - $2.30M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,790,000
      Current use
      RESTAURANT
      $2,855,000
      Change: +60% Conversion: Moderate
      MEDICAL BUILDING
      $2,290,000
      Change: +28% Conversion: Easy
      AUTO REPAIR, GARAGE
      $2,275,000
      Change: +27% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,795,000
      Change: +0% Conversion: Difficult
      RETAIL STORES
      $1,655,000
      Change: -8% Conversion: Moderate

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


    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.874
    Latitude
    35.0502
    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
    $20,288
    $166,486
    $1,139,431
    $1,305,917
    -
    $166,486
    $1,139,431
    $1,305,917
    More about this property
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