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Property profile & analytics

505 Franklin St Fayetteville, NC 28301

  • Office space
  • 33,121 SF
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US53-3839984
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.

Current Use by Public Records

  • Greyhound: Bus Station / Logistics Company / Trucking Company
  • Megabus / Logistics Company / Trucking Company

Property Details for 505 Franklin St

Year built
2016
Property size
33,121 SF
Property type
Office space

Description

This exceptional 6,610-square-foot creative office space is ideally situated in downtown Fayetteville, North Carolina, at the highly visible intersection of Franklin and Robeson Streets. Part of a larger 33,121-square-foot, two-story building constructed in 2016, this space is currently in shell condition, offering a blank canvas for tenant improvements. Negotiable tenant improvement allowances are available. The property's DT1 zoning allows for versatile uses, including retail, office, or restaurant. Its strategic location within the fast transit center ensures high visibility and accessibility, benefiting from significant foot traffic generated by bus station patrons, downtown employees, residents, and visitors. The surrounding area boasts a vibrant mix of amenities, including the Segra Stadium, the Airborne & Special Operations Museum, numerous restaurants, breweries, and shops. A strong demographic profile supports this opportunity, with 4,416 residents within a one-mile radius boasting an average household income of $66,295, and a daytime work population of 17,476. This presents a unique chance to establish a thriving business in a dynamic and rapidly growing downtown area. The property is part of a multi-tenant building with one total suite.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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


Location Insight

  • Map
  • Local Demand
City
Fayetteville
County
Cumberland
State
North Carolina
Longitude
-78.8870347
Latitude
35.0533049
More about this property
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