Property profile

4940 Nc Hwy 87th S Fayetteville, NC 28306

OFF-MARKET
Grocery and convenience stores
Property ID
US53-2213751
2,400 SF 1.82 ac lot Built 1987
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property in Fayetteville, North Carolina, presents a unique investment opportunity. Located at 4940 NC Hwy 87 in the Gray's Creek submarket of Cumberland County, this 0.75-acre site offers 32,670 square feet of vacant retail space. The property is zoned C1(P) and is part of a larger parcel, currently master-leased by a gas station operator. The site will be delivered "as-is," with any improvements the responsibility of the subtenant. Benefit from a prime location along NC Hwy 87 S, situated between the signalized intersections of Sand Hill Rd and Pummill Rd. This high-visibility location boasts an impressive average daily traffic count of 19,500 vehicles. The surrounding area demonstrates strong demographics, with a population of 10,389 within a three-mile radius and an average household income of $97,113. This makes it an ideal location for a variety of retail businesses seeking high visibility and access to a substantial consumer base. The property's size and location offer significant potential for development and growth. The zip code is 28306.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1987
Total area 2,400 SF
Lot 1.82 ac (79,279 SF)
Zoning code C1P
APN 0442-39-8882
UPID US53-2213751

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4940 Nc Hwy 87th S Fayetteville, NC 28306-8819
Fayetteville metro Census 3004 FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

Zoning & alternative use

C1P · Fayetteville, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4940 Nc Hwy 87th S?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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