Property profile

552 E Russell St Fayetteville, NC 28301

FOR SALE
Distribution centers
Property ID
US53-1422300
8,917 SF 1.43 ac lot Built 2005
Entity Owned 1-yr Hold Free & Clear
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For Sale
Contact for pricing 8,917 SF
552 E Russell St, Fayetteville, NC 28301
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Property summary

AI-generated overview

This exceptional 10,873 square foot flex building in downtown Fayetteville, NC, presents a unique owner-user opportunity. The property, built in 2005, features 5,567 square feet of office space and 5,306 square feet of warehouse space, all within a two-story Class B building on a 1.81-acre lot. The warehouse boasts two drive-in doors and impressive 16-20 foot clear ceiling heights, ideal for various storage and operational needs. The office area offers a flexible layout, including private offices, reception, conference rooms, break room, and a large work area. Energy efficiency is maximized with LED lighting and smart-controlled systems for lighting and boiler pumps. Strategically located on E. Russell St, this property provides easy access to major highways, including Hwy 301/Business 95 and I-95, placing a significant portion of the city within a 15-minute commute. Its proximity to Fort Liberty (10-15 minute drive) further enhances its appeal. The asking price is $1,530,000, or $140.72 per square foot. The property is zoned CC/MR5 and includes APNs 0437910854, 0437911877, and 0437910948. This is a prime opportunity to acquire a versatile and well-located commercial property in a thriving downtown area.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2005
Total area 8,917 SF
Lot 1.43 ac (62,291 SF)
Zoning code CC
APN 0437-91-1877
UPID US53-1422300

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • HVAC Service General Contractor
  • Alternative Medicine Practice

Location

552 E Russell St Fayetteville, NC 28301
Fayetteville metro Census 200 FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.57M
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$1.16M

Owner & transaction history

since 2025
Last sale
$1.3M
6 recorded transactions
2025
Price N/A
2025
$1.3M
2017
Price N/A
2003
$120,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CC · Fayetteville, NC
Zoning description

ase Zoning Districts 30-3.E.1. General Purposes 30-3.E.2. Office and Institutional (OI) District 30-3.E.3. Neighborhood Commercial (NC) District 30-3.E.4. Limited Commercial (LC) District 30-3.E.5. Community Commercial (…

General category COMMERCIAL
Top alternative use upside
Restaurant $1.9M +235.2%
Medical building $1.5M +168.9%
Auto repair, garage $1.5M +167.1%

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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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