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    Property profile & analytics

    596 Executive Pl Fayetteville, NC 28305-5280

    • Office Properties & Spaces
    • 1,974 SF
    • 1.26 lot acres
    OFF-MARKET
    Value Estimations
    $295,000
    Show details
    Cap Rate Potential
    9%
    Office Properties & Spaces
    Location Intelligence
    Property ID
    US53-3406799
    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

    • Scudder & Hedrick PLLC: Hedrick John A / Attorney
    • Seguin April D / Attorney
    • Jones Diehl / Real Estate Appraiser
    • The PAIR Center for Couples Counseling, PLLC / Mental Health Service
    • Dr. Wang Psychological Services / Psychologist / Counselor

    Property Details for 596 Executive Pl

    Year built
    1986
    Lot size
    1.26 lot acres
    Property size
    1,974 SF
    Zone code
    LC-LIMITED COMMERCIAL
    Property type
    Office Properties & Spaces
    APN
    0427-22-8871-006
    APU
    427228871006

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $285,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $430,000
      6.5%
      $395,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $206,000
      Market price range: $206k - $407k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $295,000
      Current use
      MEDICAL BUILDING
      $335,000
      Change: +14% Conversion: Easy
      AUTO REPAIR, GARAGE
      $330,000
      Change: +13% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $260,000
      Change: -11% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.9229
    Latitude
    35.0494
    CBSA code
    22180
    CBSA name
    FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,218
    $17,421
    $68,217
    $85,638
    -
    $17,421
    $68,217
    $85,638

    Comparable in this City

    • Value Estimation
      $295,000
      1,998 SF

      2529 Raeford Rd Ste A

      CONDOMINIUM OFFICES • 1,998 SF
      2529 Raeford Rd Ste A, Fayetteville, NC 28305-5483
      View Details
    • Value Estimation
      $295,000
      1,998 SF

      2513 Raeford Rd Ste D

      CONDOMINIUM OFFICES • 1,998 SF
      2513 Raeford Rd Ste D, Fayetteville, NC 28305-5090
      View Details
    • Value Estimation
      $290,000
      1,974 SF

      588 Executive Pl

      CONDOMINIUM OFFICES • 1,974 SF
      588 Executive Pl, Fayetteville, NC 28305-5275
      View Details
    • Value Estimation
      $295,000
      1,974 SF

      584 Executive Pl

      CONDOMINIUM OFFICES • 1,974 SF
      584 Executive Pl, Fayetteville, NC 28305-5198
      View Details
    • Value Estimation by Request

      559 Executive Pl

      Office Properties & Spaces
      559 Executive Pl, Fayetteville, NC 28305
      View Details
    • Value Estimation
      $365,000
      9,736 SF

      2301 Robeson St Ste, Unit 120

      CONDOMINIUM OFFICES • 9,736 SF
      2301 Robeson St Ste, Fayetteville, NC 28305-5641
      View Details

    Similar Nearby for Sale

    • $650,000
      13,732 SF

      Fort Bragg Rd Executive Offices

      Prime Fayetteville Office Building, 13,732 SF
      3007 Fort Bragg Rd, Fayetteville, NC 28305
      View Details
    • $130,000
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      Fayetteville Office Space For Sale

      1000 sq ft office space in coveted location.
      2521B Raeford Rd, Fayetteville, NC 28305
      View Details
    • $600,000

      Downtown Fayetteville Flex/Office Building

      Two-story flex/office building in downtown Fayetteville, SBA HUB Zone.
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    • $513,000

      Professional Office Space in Haymount

      Professional office space in Fayetteville's Haymount district.
      1248 Fort Bragg Rd, Fayetteville, NC 28305
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    • $800,000

      Office Condos For Sale

      Ground floor office condos, fully leased, income-producing property.
      2525 Raeford Rd, Fayetteville, NC 28305
      View Details
    • Contact for pricing
      0.20 Acres

      Fayetteville Vacant Residential Lot

      Vacant lot near hospitals, shopping, schools, and downtown.
      Weiss Ave, Fayetteville, NC 28305
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      1,392 SF

      Fayetteville Office Space Available

      1,392 sq ft Office Suite, Fayetteville, NC
      2550 Ravenhill Dr, Fayetteville, NC 28305
      View Details
    • $14 SF/Yr
      46,799 SF

      Fayetteville Executive Office Space

      Central Fayetteville, Two-Story Office Suites
      930 Robeson St, Fayetteville, NC 28305
      View Details
    • $500 /Mo

      Fayetteville Office Space For Rent

      Second floor office space available in Fayetteville, North Carolina.
      1314 Raeford Rd, Fayetteville, NC 28305
      View Details
    • $500 /Mo

      Fayetteville Office Space For Rent

      Centrally located office space near downtown Fayetteville and Haymount.
      2504 Raeford Rd, Fayetteville, NC 28305
      View Details
    • $995 /Mo

      Charming Fayetteville Townhome with Patio

      Comfortable 2-bedroom townhome with private patio and convenient location.
      573 Winding Creek Rd, Fayetteville, NC 28305
      View Details
    • $995 /Mo

      Charming Fayetteville Townhome For Rent

      Comfortable 2-bedroom townhome with private patio and convenient location.
      573 Winding Creek Rd, Fayetteville, NC 28305
      View Details
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    Fayetteville, NC 28305-5280
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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