3725 Ramsey St Fayetteville, NC 28311-7653
Property profile & analytics
3725 Ramsey St, Fayetteville, NC 28311-7653
- Commercial real estate
- 126,609 SF
- 11.99 lot acres
Property ID
US53-0079572
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.
Location Intelligence
Current Use by Public Records
- CrossFit Intrinsic / Gym & Fitness Center
- Jasie Blanks & Vinyl supply / (Bike/Boat/Book/etc) Store / Printing Service
- Ollie's Bargain Outlet / Discount Store
- The Print Shop NC / (Bike/Boat/Book/etc) Store / Printing Service
- Miller-Motte College / Training Center / Vocational School
Property Details for 3725 Ramsey St
- Year built
- 1988
- Lot size
- 11.99 lot acres
- Zone code
- CC
- Property type
- Commercial real estate
- APN
- 0439-55-4489
- APU
- 439554489
Description
This exceptional investment opportunity presents Northgate Shopping Center, a 241,668 square foot multi-tenant retail center located at 3725 Ramsey St, Fayetteville, NC 28311. Boasting a 7.75% cap rate and a strong NOI of $1,390,703, this property offers significant value. The center is currently 85.67% occupied by a diverse mix of national and regional tenants including Wells Fargo Bank, Subway, Ollie's Bargain Outlet, Ross, Rent-A-Center, UPS, and Papa John's. Built in 1989 and renovated in 2012, the property sits on a 29.41-acre lot and benefits from its prime location on high-traffic Ramsey Street (44,090 vehicles per day), just two miles from Interstate 295 and near Interstate 95. Its strategic adjacency to a top-performing Lowe's Home Improvement and proximity to a Walmart Supercenter further enhances its visibility and accessibility. The property's success is underscored by 2.3 million visits in the last 12 months. The surrounding area boasts a substantial population base, with 243,894 people residing within a 10-mile radius, fueled by the significant economic impact of Fort Liberty (formerly Fort Bragg), contributing $8.1 billion annually to the Fayetteville region and $66 billion to the state. The asking price is $17,945,000, translating to a price per square foot of $74.25. Desirable outparcel tenants, including Advanced Auto Parts and Hobby Town, complement the main center. Additional outparcels not included in the sale are occupied by McDonald's, Cookout, Weiner Works, and Firestone Tires. This property represents a compelling acquisition opportunity in a thriving market.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $12,434,000
- AI Estimate
- $13,407,000
Market price range: $4.62M - $26.4MMarket price range: $2.29M - $26.2M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $14,420,000 Current use
- MEDICAL BUILDING
- $21,340,000 Change: +48% Conversion: Easy
- AUTO REPAIR, GARAGE
- $21,195,000 Change: +47% Conversion: Difficult
- OFFICE BUILDING
- $20,085,000 Change: +39% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $16,705,000 Change: +16% Conversion: Difficult
- RETAIL STORES
- $14,925,000 Change: +3% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Cumberland
- State
- North Carolina
- Longitude
- -78.8815
- Latitude
- 35.1113
- 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
$66,262
$1,308,316
$5,906,818
$7,215,134
-
$1,308,316
$5,906,818
$7,215,134
