Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4276 Legend Ave Fayetteville, NC 28303-3475
    Back to Search
    Property profile & analytics

    4276 Legend Ave, Fayetteville, NC 28303-3475

    View on Map
    • Retail residential properties
    • 7,000 SF
    • 1.17 lot acres
    Off-Market
    Property ID
    US53-5671859
    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.
    Value Estimations
    $1,145,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Odyessey Webb, LPCA / Physician
    • Alexandria S. Wade, LPC / Physician
    • Terry P. Mcdonnell, LPC / Counselor
    • Kimberly Hutchins / Counselor
    • Sacred Raven Tattoo Shop / Tattoo & Piercing Shop

    Property Details for 4276 Legend Ave

    Year built
    1999
    Lot size
    1.17 lot acres
    Zone code
    CC
    Property type
    Retail residential properties
    APN
    0418-34-5217
    APU
    418345217

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 24, 2015 $850,000 Riddle Legend LLC Angell James B|evergreen Behavioral Mgmt INC Trustees Deed $723k · Select Bk
    Jan 30, 2007 $1,300,000 Evergreen Props Of Fayetteville L Matthews,david C JR & Cindy Warranty Deed $1M · Waccamaw Bank
    — — David C Matthews JR. — Deed Of Trust · related $1.3M · New Century Bank Fayetteville
    — — Evergreen Props Of Fayetteville L — Deed Of Trust · related $500k · Waccamaw Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,385,000
      6.5%
      $1,280,000
      7%
      $1,190,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,071,000
      Market price range: $175k - $1.26M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,250,000
      Current use
      RESTAURANT
      $1,470,000
      Change: +18% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,355,000
      Change: +8% Conversion: Difficult
      OFFICE BUILDING
      $1,345,000
      Change: +8% Conversion: Easy
      MEDICAL BUILDING
      $1,180,000
      Change: -6% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.9548
    Latitude
    35.0806
    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
    $12,101
    $342,508
    $502,371
    $844,879
    -
    $342,508
    $502,371
    $844,879

    Comparable in this City

    • Value Estimation
      $980,000
      5,045 SF

      815 Castle Hayne Rd

      STORES & APARTMENTS
      815 Castle Hayne Rd, Fayetteville, NC 28303-3462
      View Details
    • Value Estimation by Request
      2,834 SF

      1110 Pamalee Dr

      STORES & APARTMENTS
      1110 Pamalee Dr, Fayetteville, NC 28303-3835
      View Details
    • Value Estimation
      $1,750,000
      16,660 SF

      6232 Bragg Blvd

      STORES & APARTMENTS
      6232 Bragg Blvd, Fayetteville, NC 28303-2214
      View Details
    • Value Estimation by Request
      2,704 SF

      4523 Bragg Blvd

      STORES & APARTMENTS
      4523 Bragg Blvd, Fayetteville, NC 28303-3659
      View Details
    • Value Estimation
      $705,000
      5,712 SF

      706 Reilly Rd, Unit B

      STORES & APARTMENTS
      706 Reilly Rd, Fayetteville, NC 28303-5619
      View Details
    • Value Estimation by Request
      3,600 SF

      4902 Yadkin Rd

      STORES & APARTMENTS
      4902 Yadkin Rd, Fayetteville, NC 28303-4299
      View Details

    Similar Nearby for Sale

    • $5,000,000
      81.38 Acres

      Fayetteville Land For Sale

      MultiFamily/Mixed Use Site near All American Freeway.
      All American Fwy, Fayetteville, NC 28303
      View Details
    • $499,000
      300 SF

      Fayetteville Retail Site - High Visibility

      Prime Retail Lot, Batting Cages Included
      3701 Sycamore Dairy Rd, Fayetteville, NC 28303
      View Details
    • Contact for pricing

      Commercial Land on Reilly Road

      Corner lot near Fort Bragg with commercial zoning.
      7505 Overbrook Dr, Fayetteville, NC 28303
      View Details
    • Contact for pricing

      Commercial Land in Retail Hub

      1.49 acre commercial land with high traffic and redevelopment potential.
      5846 Yadkin Rd, Fayetteville, NC 28303
      View Details
    • Contact for pricing

      Undeveloped Commercial Nature Parcel

      Undeveloped commercial land suitable for medical, professional, or multi-family development.
      205 S Mcpherson Church Rd, Fayetteville, NC 28303
      View Details
    • Contact for pricing
      30,516 SF

      Fayetteville Flex Space Opportunity

      30,516 SF Class A flex space on 4.34 acres.
      2810 Procurement Cir, Fayetteville, NC 28303
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space on Yadkin Road

      Retail space with excellent visibility and generous parking.
      B-6107 Yadkin Rd, Fayetteville, NC 28303
      View Details
    • $2,500 /Mo

      Retail Space on Yadkin Road

      Retail space with excellent visibility and access, ample parking.
      6107 Yadkin Road Ext, Fayetteville, NC 28303
      View Details
    • $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
    • Contact for pricing

      Retail and Medical Space on Corridor

      Flexible storefront space suited for retail, restaurant, medical, or office use with prominent Bragg Boulevard visibility.
      3116 Bragg Blvd, 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
    • Contact for pricing

      High-Visibility Corner Office Space

      Well-appointed office space with excellent exposure and accessibility.
      1909 Bragg Blvd, 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.
    4276 Legend Ave
    Fayetteville, NC 28303-3475
    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

    Thank You for Inquiry
    4276 Legend Ave, Fayetteville, NC, 28303
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!