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Property profile & analytics
OFF-MARKET
Retail residential properties

604 Reilly Rd Fayetteville, NC 28314-5626

2,184 SF 2.63 ac lot Built 1987
Individually Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US53-1717990
Property summary
AI-generated overview

This 3,810-square-foot single-tenant warehouse, located at 604 S. Reilly Rd in Fayetteville, North Carolina (zip code 28314), presents a unique investment opportunity. The property is zoned C3 - Heavy Commercial and features a six-bay repair shop, fully equipped with lifts, a compressor, and other automotive repair equipment. The building includes a waiting room with a service desk, a storage room, and two bathrooms. The waiting and office areas are climate-controlled with an HVAC unit. Prominent signage is visible from Reilly Road and on the building itself. The property has a history as a tire and repair shop and previously housed a used car lot. Additional land west of the shop is available for separate purchase. All existing equipment is offered as-is. The lease price includes property taxes and fire insurance on the building. Tenant responsibilities include repairs and upkeep, all utilities, grounds maintenance, and signage changes. The owner covers roof and wall maintenance. A $2,000 HVAC and $1,000 plumbing/electrical repair cap is included. Tenant's property insurance and general liability insurance (listing owner as additional insured) are required. This property is ideal for an automotive repair business or similar enterprise seeking a well-equipped, established location in a high-traffic area. The Cumberland County location offers excellent access to major transportation routes.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1987
Total area 2,184 SF
Lot 2.63 ac (114,563 SF)
Zoning code CC
APN 9497-58-4863
UPID US53-1717990
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
  • Econo Auto Tire Services Auto Repair Shop
  • Affordable Auto Insurance Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
PAI KWANG · 6 yrs held
PAI KWANG
since 2020
Last sale
$450,000
1 recorded transaction
2020
$450,000
Zoning & alternative use
CC · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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