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Property profile & analytics
OFF-MARKET
Office buildings
343 Person St Fayetteville, NC 28301-5735
Individually Owned
6-yr Hold
Free & Clear
Property ID
US53-1739840
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1908
Total area
2,219 SF
Lot
0.29 ac (12,632 SF)
Zoning code
LC
APN
0437-83-2466
UPID
US53-1739840
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
-
Cooke, James H. Jr., Attorney At Law Law Firm Child Welfare Organization
-
Rand & Gregory, PA Law Firm
-
Rand & Gregory Attorneys at Law Law Firm
-
Brown & Moss PA Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Randy S Gregory · 6 yrs held
Randy S Gregory
since 2020
Last sale
$450,000
3 recorded transactions
Zoning & alternative use
LC · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
actured Home (MH) District 30-3.E. Business Base Zoning Districts 30-3.E.1. General Purposes 30-3.E.2. Office and Institutional (OI) District 30-3.E.3. Neighborhood Commercial (NC) District 30-3.E.4. Limited Commercial (LC) District 30-3.E.5. Community Commercial (CC) District 30-3.E.6. Mixed-Use (MU) District 30-3.E.7.A. Business Park (BP) District 30-3.E.8…
Zone name
Limited Commercial
General category
COMMERCIAL
Zone area
1,398.03 ac
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,155
Tax year 2023
Assessed value
$363,600
Assessed 2023
Previous assessed
$363,600
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$32,844
Assessed improvement
$330,756
Land market value
$32,844
Improvement market value
$330,756
Total market value
$363,600
Applied tax rate
1,000.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1908
Heating
FORCED AIR
Cooling
YES
Stories
2
Bathrooms
3
Total area
2,219 SF
Lot
0.29 ac (12,632 SF)
Zoning code
LC
APN
0437-83-2466
UPID
US53-1739840
Jurisdiction
CUMBERLAND
Zoning & alternative use
LC · Fayetteville, NCZoning LC · permitted uses
LC · Fayetteville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
actured Home (MH) District 30-3.E. Business Base Zoning Districts 30-3.E.1. General Purposes 30-3.E.2. Office and Institutional (OI) District 30-3.E.3. Neighborhood Commercial (NC) District 30-3.E.4. Limited Commercial (LC) District 30-3.E.5. Community Commercial (CC) District 30-3.E.6. Mixed-Use (MU) District 30-3.E.7.A. Business Park (BP) District 30-3.E.8. Light Industrial (LI) District 30-3.E.9. Heavy Industrial (HI) District 30-3.E.1
Zone name
Limited Commercial
General category
COMMERCIAL
Zone area
1,398.03 ac
Building & site characteristics
From public records
Year built
1908
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
3
Lot
0.29 ac
Current owner
From public records · entity-resolved
Randy S Gregory
Individual
Free & Clear · 6 yrs held
Mailing address
343 PERSON ST, FAYETTEVILLE, NC 28301-5735
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2020
—
Randy S Gregory
—
Deed
related
$200,000 · Select Bank & Trust Co
Mar 30, 2020
$450,000
Randy S Gregory
Jimco Investments
Warranty Deed
—
Mar 30, 2020
—
Randy S Gregory
Jimco Investments
Warranty Deed
related
—
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.
Try Rey
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