Property profile

3308 Melrose Rd Fayetteville, NC 28304

OFF-MARKET
Medical Office Space
Property ID
US53-2005222
5,551 SF 0.51 ac lot Built 1978
Individually Owned 17-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL CLINIC
Year built 1978
Total area 5,551 SF
Lot 0.51 ac (22,216 SF)
Zoning code OI
APN 0416-97-8223
UPID US53-2005222

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Medical Clinic
  • Physician
  • Physician Medical Clinic
  • Gym & Fitness Center

Location

3308 Melrose Rd Fayetteville, NC 28304-1604
Fayetteville metro Census 1800 FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$635k
Blend (final) Blend
$305k

Owner & transaction history

since 2009
2 recorded transactions
2009
$700,000
2005
$208,000

Zoning & alternative use

OI · Fayetteville, NC
Zoning description

Residential 6 (SF-6) District 30-3.D.5. Mixed Residential 5 (MR-5) District 30-3.D.6. Manufactured Home (MH) District 30-3.E. Business Base Zoning Districts 30-3.E.1. General Purposes 30-3.E.2. Office and Institutional (…

General category CIVIC_INSTITUTIONAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3308 Melrose Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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