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Property profile & analytics
OFF-MARKET
Retail residential properties
414 Ray Ave Fayetteville, NC 28301-4916
Entity Owned
~
Est. High Equity
Property ID
US53-1115398
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1969
Total area
20,762 SF
Lot
1.61 ac (70,132 SF)
Zoning code
OI
APN
0437-66-1541
UPID
US53-1115398
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
-
Cross Creek Therapeutic Massage & Bodywork Alternative Medicine Practice Spa & Massage Center
-
Ejoneshairstylist Hair Salon
-
Cumberland county care City Government Office
-
Sunshine Beauty & Bliss Cosmetic Store
-
WaxologyByDee Spa & Massage Center Skin Care Clinic
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
3 LLC
3 LLC
since 2025
Last sale
$600,000
3 recorded transactions
Zoning & alternative use
OI · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$12,204
Tax year 2023
Assessed value
$761,126
Assessed 2023
Previous assessed
$761,126
+0.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$121,273
Assessed improvement
$639,853
Land market value
$121,273
Improvement market value
$639,853
Total market value
$761,126
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1969
Heating
NONE
Stories
1
Bathrooms
1
Total area
20,762 SF
Lot
1.61 ac (70,132 SF)
Zoning code
OI
APN
0437-66-1541
UPID
US53-1115398
Jurisdiction
CUMBERLAND
Zoning & alternative use
OI · Fayetteville, NC
Zoning OI · permitted uses
OI · 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.
Building & site characteristics
From public records
Year built
1969
Heating
NONE
Stories
1
Bathrooms
1
Lot
1.61 ac
Current owner
From public records · entity-resolved
3 LLC
Entity
Mailing address
505 FORSYTHE ST, FAYETTEVILLE, NC 28304-3769
Ownership since
2025
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
Oct 8, 2025
$600,000
3 LLC
Jcb Enterprises Of Fayetteville LLC
Special Warranty Deed
$531,250 · United Bank
Oct 1, 2025
—
Jcb Enterprises Of Fayetteville LLC
Jc Enterprises
Deed
—
Mar 20, 2013
—
Jcb Ents Of Fayetteville LLP
Jc Ents
Warranty Deed
—
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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