Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6977 Nexus Ct Fayetteville, NC 28304-2650

    • Office buildings
    • 5,958 SF
    • 0.72 lot acres
    OFF-MARKET
    Value Estimations
    $790,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-2079911
    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

    • ASIC Behavioral Health / Medical Clinic
    • Rayconda Internal Medicine / Medical Clinic
    • Eric A. Williams, MS / Counselor / Doctor
    • Yelverton's Enrichment Services Inc / Physician

    Property Details for 6977 Nexus Ct

    Year built
    2008
    Lot size
    0.72 lot acres
    Property size
    5,958 SF
    Zone code
    OI
    Property type
    Office buildings
    APN
    9496-57-8591
    APU
    9496578591

    Description

    This exceptional 6,000 square foot Class C office building, constructed in 2008, presents a fantastic opportunity for businesses seeking a prominent location in Fayetteville, North Carolina. Situated on a 0.72-acre lot at 6977 Nexus Ct, 28304, this multi-tenant property is zoned O & I, offering flexibility for a variety of professional uses. Currently, 1,000 square feet of readily available space is perfectly suited for immediate occupancy. Each of the two available suites boasts 1,000 square feet, thoughtfully designed to include two restrooms, a welcoming reception/waiting area, five private offices, and a convenient break room. This layout is ideal for professionals seeking a productive and well-appointed workspace. The building's location within Cumberland County places it in a thriving market, making it an attractive option for a diverse range of businesses, including medical practices, government contractors, legal firms, accounting services, insurance agencies, and real estate companies. The property's prime location and modern amenities combine to create an exceptional opportunity for growth and success. Don't miss this chance to secure your ideal office space in a dynamic and expanding area of Fayetteville.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $868,000
      Market price range: $405k - $1.11M
      AI Estimate
      $776,000
      Market price range: $416k - $1.05M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $855,000
      Current use
      RESTAURANT
      $1,250,000
      Change: +46% Conversion: Moderate
      MEDICAL BUILDING
      $1,005,000
      Change: +18% Conversion: Easy
      AUTO REPAIR, GARAGE
      $995,000
      Change: +17% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $785,000
      Change: -8% Conversion: Difficult
      RETAIL STORES
      $700,000
      Change: -18% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -79.0137
    Latitude
    35.0346
    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
    $13,341
    $215,043
    $727,886
    $942,929
    -
    $215,043
    $727,886
    $942,929

    Comparable in this City

    • Value Estimation by Request
      1,176 SF

      302 Hope Mls Rd

      OFFICE BUILDING • 1,176 SF
      302 Hope Mls Rd, Fayetteville, NC 28304-3153
      View Details
    • Value Estimation by Request
      1,020 SF

      2013 Hope Mls Rd

      OFFICE BUILDING • 1,020 SF
      2013 Hope Mls Rd, Fayetteville, NC 28304-4224
      View Details
    • Value Estimation by Request
      2,000 SF

      10302 Fayetteville Rd

      OFFICE BUILDING • 2,000 SF
      10302 Fayetteville Rd, Fayetteville, NC 28304-9133
      View Details
    • Value Estimation by Request
      1,250 SF

      2033 Hope Mls Rd

      OFFICE BUILDING • 1,250 SF
      2033 Hope Mls Rd, Fayetteville, NC 28304-4224
      View Details
    • Value Estimation by Request
      1,769 SF

      2038 Hope Mls Rd

      OFFICE BUILDING • 1,769 SF
      2038 Hope Mls Rd, Fayetteville, NC 28304-4225
      View Details
    • Value Estimation by Request
      1,240 SF

      507 Owen Dr

      OFFICE BUILDING • 1,240 SF
      507 Owen Dr, Fayetteville, NC 28304-3433
      View Details

    Similar Nearby for Sale

    • $1,625,000
      7,152 SF

      Fayetteville Office Building on Raeford

      Office building on heavily traveled Raeford Road with easy access.
      6205 Raeford Rd, Fayetteville, NC 28304
      View Details
    • $1,700,000
      10,924 SF

      Fayetteville Medical Office Complex

      Three fully leased buildings, prime location.
      1609 Owen Dr, Fayetteville, NC 28304
      View Details
    • $230,000
      Pending

      Fayetteville Medical/Professional Office For Sale

      Versatile medical/professional office space in central Fayetteville location.
      516 Owen Dr, Fayetteville, NC 28304
      View Details
    • $725,000
      0.99 Acres

      Cleared Lot Ideal for Development

      Commercial land suitable for medical or office development in Fayetteville.
      1201 Fairmont Ct, Fayetteville, NC 28304
      View Details
    • $405,000

      Commercial Property on Raeford Road

      Charming commercial property on a high-traffic corridor, ideal for professional uses.
      5324 Raeford Rd, Fayetteville, NC 28304
      View Details
    • $4,050,000
      1,444 SF

      Fayetteville Medical Office Land

      Prime 2-acre medical development site.
      519 Owen Dr, Fayetteville, NC 28304
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo
      977 SF

      Fayetteville Office with Lay Down Yard

      Centrally located office space with fenced lay down yard.
      1501 Hope Mills Rd, Fayetteville, NC 28304
      View Details
    • New
      $1,800 /Mo

      Office and Garage Space Available

      Office and garage space for rent in Fayetteville, NC.
      7670 Raeford Rd, Fayetteville, NC 28304
      View Details
    • $1,800 /Mo
      1,286 SF

      High-Traffic Fayetteville Commercial Property

      Prime commercial property on Raeford Road with high visibility.
      5324 Raeford Rd, Fayetteville, NC 28304
      View Details
    • $20 SF/Yr
      7,458 SF

      Fayetteville Medical Office Space

      Prime medical office, 2,700 sq ft available.
      3410 Village Dr, Fayetteville, NC 28304
      View Details
    • $18 SF/Yr

      Fayetteville Office Space For Rent

      8400 sq ft office space, can be subdivided.
      4155 Ferncreek Dr, Fayetteville, NC 28304
      View Details
    • $1,300 /Mo
      1,075 SF

      Fayetteville Commercial/Medical Office Space

      Commercial/medical office space in central Fayetteville location for lease.
      211 Owen Dr, Fayetteville, NC 28304
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6977 Nexus Ct
    Fayetteville, NC 28304-2650
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.