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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Office buildings
709 Hay St Fayetteville, NC 28301-5423
Entity Owned
~
Est. High Equity
Property ID
US53-0183366
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1920
Total area
3,836 SF
Lot
0.34 ac (14,810 SF)
Zoning code
OI
APN
0437-25-9126
UPID
US53-0183366
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
-
Military First Investment Group Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$770k
Comparable Approach
Comparable
$566k
Blend (final)
Blend
$555k
Owner & transaction history
Propcarolina LLC
Propcarolina LLC
since 2025
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
OI · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$645,000
+28.0%
Auto repair, garage
$640,000
+27.1%
Neighborhood: shopping center
$505,000
+0.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$835,000
6.5%
$770,000
7%
$715,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$505,000
Current use
MEDICAL BUILDING
$645,000
Change: +28% · Conversion: Easy
AUTO REPAIR, GARAGE
$640,000
Change: +27% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$505,000
Change: +0% · Conversion: Difficult
RETAIL STORES
$465,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $550k (Jul 20 2025)
Last sale anchor
$550k
Jul 20 2025
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
$145 / 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
$6,480
Tax year 2023
Assessed value
$435,887
Assessed 2023
Previous assessed
$435,887
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$121,533
Assessed improvement
$314,354
Land market value
$121,533
Improvement market value
$314,354
Total market value
$435,887
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1920
Heating
FORCED AIR
Cooling
YES
Stories
2
Bathrooms
9
Total area
3,836 SF
Lot
0.34 ac (14,810 SF)
Zoning code
OI
APN
0437-25-9126
UPID
US53-0183366
Jurisdiction
CUMBERLAND
Zoning & alternative use
OI · Fayetteville, NC
Zoning OI · permitted uses
OI · 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
OFFICE BUILDING Current
Est. value
$505,000
MEDICAL BUILDING
Est. value
$645,000
AUTO REPAIR, GARAGE
Est. value
$640,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$505,000
RETAIL STORES
Est. value
$465,000
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1920
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
9
Lot
0.34 ac
Current owner
From public records · entity-resolved
Propcarolina LLC
Entity
Mailing address
603 GERMAN ST, FAYETTEVILLE, NC 28301-6141
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2025
$550,000
Propcarolina LLC
J & D Managements LLC
Warranty Deed
$412,500 · Champions Funding LLC
Apr 12, 2022
—
J & D Managements LLC
—
Deed
related
$500,000 · First Citizens Bank & Trust Co
Jan 5, 2018
—
J & D Managements LLC A North Carol
Jahangir Maroof
Deed
—
Apr 5, 2007
$318,000
Maroof Jahangir
Hatley & Stone Pa
Warranty Deed
—
May 28, 2004
—
Hatley Pa
—
Trustees Deed
related
$50,000 · Omni National Bank
—
—
Hatley Pa
—
Deed Of Trust
related
$250,000 · Omni National Bank
—
—
Maroof Jahangir
—
Deed Of Trust
related
$270,300 · First Citizens Bank & Trust Co
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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