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Property profile & analytics
OFF-MARKET
Estimated value
$5,010,000
Super regional malls
4401 Ramsey St, Fayetteville, NC 28311-2202
Individually Owned
Free & Clear
Property ID
US53-0173550
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1991
Total area
23,386 SF
Lot
6.83 ac (297,515 SF)
Zoning code
CC-COMMUNITY COMMERCIAL
APN
0439-58-5957
UPID
US53-0173550
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
-
Smoothie King Specialty Food Shop (Bike/Boat/Book/etc) Store
-
Catherine Kim Physician
-
beautyCareByBrowqueen (Bike/Boat/Book/etc) Store Cosmetic Store
-
BrowQueen Microblading & Permanent Makeup Medical Clinic Skin Care Clinic
-
Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.20M
Comparable Approach
Comparable
$4.50M
Blend (final)
Blend
$5.01M
Owner & transaction history
Thrive Burrito Fayetteville Ramsey
Thrive Burrito Fayetteville Ramsey
since 2025
2 recorded transactions
Zoning & alternative use
CC-COMMUNITY COMMERCIAL · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.9M
+59.2%
Medical building
$3.9M
+27.7%
Auto repair, garage
$3.9M
+26.9%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,630,000
6.5%
$5,195,000
7%
$4,825,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,085,000
Current use
RESTAURANT
$4,915,000
Change: +59% · Conversion: Difficult
MEDICAL BUILDING
$3,940,000
Change: +28% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,915,000
Change: +27% · Conversion: Difficult
OFFICE BUILDING
$3,710,000
Change: +20% · Conversion: Moderate
Blend value · Realmo final
$5.01M
Range $4.51M – $5.51M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$214 / SF
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
$75,782
Tax year 2023
Assessed value
$6,516,511
Assessed 2023
Previous assessed
$6,516,511
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$1,619,128
Assessed improvement
$4,897,383
Land market value
$1,619,128
Improvement market value
$4,897,383
Total market value
$6,516,511
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1991
Total area
23,386 SF
Lot
6.83 ac (297,515 SF)
Zoning code
CC-COMMUNITY COMMERCIAL
APN
0439-58-5957
UPID
US53-0173550
Jurisdiction
CUMBERLAND
Zoning & alternative use
CC-COMMUNITY COMMERCIAL · Fayetteville, NC
Zoning CC-COMMUNITY COMMERCIAL · permitted uses
CC-COMMUNITY COMMERCIAL · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.1M
RESTAURANT
Est. value
$4.9M
MEDICAL BUILDING
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$3.9M
OFFICE BUILDING
Est. value
$3.7M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1991
Lot
6.83 ac
Current owner
From public records · entity-resolved
Thrive Burrito Fayetteville Ramsey
Individual
Free & Clear · 0 yrs held
Mailing address
1430 INNOVATION AVE, MORRISVILLE, NC 27560-6414
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2025
—
Thrive Burrito Fayetteville Ramsey
Ramsey Commons LLC
Deed
—
Nov 24, 2021
—
Ramsey Commons LLC
Francam INC
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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