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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    342 Wagoner Dr Fayetteville, NC 28303-4686

    • Office Properties & Spaces
    • 1,966 SF
    • 1.06 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-0765342
    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

    • ACI Support Specialists, Inc / Mental Health Service
    • The Certification Place, LLC / Emergency Training
    • DFB Premier Properties / Real Estate Agency

    Property Details for 342 Wagoner Dr

    Year built
    1990
    Lot size
    1.06 lot acres
    Property size
    1,966 SF
    Zone code
    LC-LIMITED COMMERCIAL
    Property type
    Office Properties & Spaces
    APN
    0418-63-2243-108
    APU
    418632243108

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.9457
    Latitude
    35.0776
    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
    $1,118
    $21,288
    $51,444
    $72,732
    -
    $21,288
    $51,444
    $72,732

    Comparable in this City

    • Value Estimation by Request
      2,608 SF

      5434 Yadkin Rd

      Office Properties & Spaces • 2,608 SF
      5434 Yadkin Rd, Fayetteville, NC 28303
      View Details
    • Value Estimation by Request
      1,111 SF

      2935 Breezewood Ave

      CONDOMINIUM OFFICES • 1,111 SF
      2935 Breezewood Ave, Fayetteville, NC 28303-5284
      View Details
    • Value Estimation
      $595,000
      2,748 SF

      1540 Purdue Dr

      CONDOMINIUM OFFICES • 2,748 SF
      1540 Purdue Dr, Fayetteville, NC 28303-5509
      View Details
    • Value Estimation
      $2,330,000
      10,175 SF

      Fayetteville, NC 28303

      CONDOMINIUM OFFICES • 10,175 SF
      Fayetteville, NC 28303
      View Details
    • Value Estimation by Request
      1,588 SF

      1555 Cain Rd Ste, Unit 200

      CONDOMINIUM OFFICES • 1,588 SF
      1555 Cain Rd Ste, Fayetteville, NC 28303-3076
      View Details
    • Value Estimation by Request
      1,574 SF

      2565 Ravenhill Dr, Unit D

      CONDOMINIUM OFFICES • 1,574 SF
      2565 Ravenhill Dr, Fayetteville, NC 28303-9614
      View Details

    Similar Nearby for Sale

    • $930,000

      Fayetteville Office Suite - $930,000

      Versatile Dental Suite, 11 Operatories, Fayetteville
      2935 Breezewood Ave, Fayetteville, NC 28303
      View Details
    • $1,495,000
      7,282 SF

      Fayetteville Medical Office Condo

      Class A Medical Office, 7,282 SF
      1540 Purdue Dr, 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
    • $4,650,000
      30,516 SF

      2810 Procurement Cir

      Flex space • 30,516 SF
      2810 Procurement Cir, Fayetteville, NC 28303
      View Details
    • $349,000
      2,608 SF

      Executive Office Building, Fayetteville

      Prime Fayetteville Office, $349,000
      5434 Yadkin 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

    Similar Nearby for Lease

    • $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
    • $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
    • New
      $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
    • $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
    • Contact for pricing

      Commercial Land in Concord, NC

      High-profile land with excellent visibility and multiple access points.
      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.
    342 Wagoner Dr
    Fayetteville, NC 28303-4686
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.