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Property profile & analytics
OFF-MARKET
Estimated value
$3,700,000
Super regional malls
5109 Raeford Rd, Fayetteville, NC 28304-3145
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-3823350
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1962
Total area
21,816 SF
Lot
1.47 ac (64,033 SF)
Zoning code
CC
APN
0417-00-8391
UPID
US53-3823350
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
-
Boyer LLC Hardware & Home Improvement Home Appliance Store
-
His and Hers (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.29M
CAP Approach
CAP
$4.85M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.70M
Owner & transaction history
Re Agent Fund LLC · 3 yrs held
Re Agent Fund LLC
since 2023
Last sale
$3.4M
2 recorded transactions
Zoning & alternative use
CC · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.6M
+59.2%
Medical building
$3.7M
+28.1%
Auto repair, garage
$3.7M
+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
$4,200,000
ML approach
$4,290,000
CAP Approach
CAP Return
Estimation
6%
$5,250,000
6.5%
$4,850,000
7%
$4,500,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,880,000
Current use
RESTAURANT
$4,585,000
Change: +59% · Conversion: Difficult
MEDICAL BUILDING
$3,690,000
Change: +28% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,650,000
Change: +27% · Conversion: Difficult
OFFICE BUILDING
$3,130,000
Change: +9% · Conversion: Moderate
RETAIL STORES
$2,570,000
Change: -11% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,485,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$3.70M
Range $3.33M – $4.07M · ±10% · vs last sale $3.40M (Mar 28 2023)
Last sale anchor
$3.40M
Mar 28 2023
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
$170 / 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
$25,052
Tax year 2023
Assessed value
$1,473,932
Assessed 2023
Previous assessed
$1,473,932
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$380,440
Assessed improvement
$1,093,492
Land market value
$380,440
Improvement market value
$1,093,492
Total market value
$1,473,932
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1962
Heating
NONE
Stories
1
Bathrooms
24
Total area
21,816 SF
Lot
1.47 ac (64,033 SF)
Zoning code
CC
APN
0417-00-8391
UPID
US53-3823350
Jurisdiction
CUMBERLAND
Zoning & alternative use
CC · Fayetteville, NC
Zoning CC · permitted uses
CC · 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
$2.9M
RESTAURANT
Est. value
$4.6M
MEDICAL BUILDING
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$3.7M
OFFICE BUILDING
Est. value
$3.1M
RETAIL STORES
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1962
Heating
NONE
Stories
1
Bathrooms
24
Lot
1.47 ac
Current owner
From public records · entity-resolved
Re Agent Fund LLC
Entity
Mailing address
2121 SW 3RD AVE STE #601, MIAMI, FL 33129-1449
Ownership since
2023
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
Mar 28, 2023
$3,400,000
Re Agent Fund LLC
Vertex Properties LLC
Special Warranty Deed
$2,550,000 · Vast Bank NA
Sep 1, 2021
—
Vertex Properties LLC
Elmwood Holdings LLC
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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