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Property profile & analytics
OFF-MARKET
Estimated value
$4,540,000
Super regional malls
3351 Peak Dr, Fayetteville, NC 28306-9692
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-1747036
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2009
Total area
22,800 SF
Lot
0.53 ac (23,087 SF)
Zoning code
MXD
APN
0404-77-5489
UPID
US53-1747036
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hope Mills Medical Home Medical Clinic
-
Rebecca Oskey Physician
-
Nantachie Fowler Physician
-
Joseph Fitzharris Pediatrician Physician
-
Rudino's Pizza and Grinders Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.34M
CAP Approach
CAP
$5.07M
Comparable Approach
Comparable
$2.88M
Blend (final)
Blend
$4.54M
Owner & transaction history
South Peak 3350 LLC · 2 yrs held
South Peak 3350 LLC
since 2023
Last sale
$4.3M
5 recorded transactions
Zoning & alternative use
MXD · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.8M
+59.2%
Medical building
$3.8M
+27.7%
Auto repair, garage
$3.8M
+26.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fayetteville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fayetteville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$5,330,000
ML approach
$5,340,000
CAP Approach
CAP Return
Estimation
6%
$5,490,000
6.5%
$5,065,000
7%
$4,705,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,010,000
Current use
RESTAURANT
$4,790,000
Change: +59% · Conversion: Difficult
MEDICAL BUILDING
$3,845,000
Change: +28% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,815,000
Change: +27% · Conversion: Difficult
OFFICE BUILDING
$3,615,000
Change: +20% · Conversion: Moderate
Blend value · Realmo final
$4.54M
Range $4.09M – $4.99M · ±10% · vs last sale $4.32M (Dec 22 2023)
Last sale anchor
$4.32M
Dec 22 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$199 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$29,418
Tax year 2023
Assessed value
$2,135,560
Assessed 2023
Previous assessed
$2,135,560
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$189,413
Assessed improvement
$1,946,147
Land market value
$189,413
Improvement market value
$1,946,147
Total market value
$2,135,560
Applied tax rate
2,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2009
Heating
NONE
Stories
1
Bathrooms
12
Total area
22,800 SF
Lot
0.53 ac (23,087 SF)
Zoning code
MXD
APN
0404-77-5489
UPID
US53-1747036
Jurisdiction
CUMBERLAND
Zoning & alternative use
MXD · Fayetteville, NC
Zoning MXD · permitted uses
MXD · Fayetteville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fayetteville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.0M
RESTAURANT
Est. value
$4.8M
MEDICAL BUILDING
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.8M
OFFICE BUILDING
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Heating
NONE
Stories
1
Bathrooms
12
Lot
0.53 ac
Current owner
From public records · entity-resolved
South Peak 3350 LLC
Entity
Mailing address
964 HIGH HOUSE RD #4305, CARY, NC 27513-3574
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2023
$12,950,000
South Peak 3350 LLC
Cardinal Partners Of Fayetteville L
Special Warranty Deed
—
Dec 9, 2020
—
Cardinal Partners Of Fayetteville L
—
Deed
related
$4,150,000 · United Bank
Jul 15, 2009
—
Cardinal Partners Of Fay LLC
Landstone LLC
Grant Deed
related
—
Feb 2, 2009
—
Owner Name Unavailable
Landfall Partners LLC
Grant Deed
related
—
—
—
Cardinal Ptrs Of Fayetteville LLC
—
Deed Of Trust
related
$5,000,000 · Standard Insurance Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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