3601 Fayetteville Rd Raeford, NC 28376-8065
This 5,800 square foot warehouse in Raeford, NC, sits on a 2.91-acre lot with 300 feet of road frontage on Fayetteville Road (zip code 28376). Built in 2000 and zoned RA-20, the property features a main 4,000+ square foot prefabricated warehouse with three 10'x10' roll-up doors and one 12'x10' roll-up door at the rear. The warehouse includes air-conditioned office, lobby, bathroom, and breakroom spaces. A newer 1,800 square foot addition boasts two 10'x12' roll-up doors (front and rear) and is also air-conditioned. The property includes six dock-high doors in total, large concrete pads front and rear, a paint booth, and a car lift. Currently operating as a body shop, this versatile space is suitable for various uses, including retail, farm supply, or a car lot. The property is fully fenced and divided into two areas, offering potential for expansion or additional construction. This well-maintained property presents a valuable investment opportunity with excellent visibility and convenient access. The asking price is $749,000, with a price per square foot of $129.14.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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