Property profile

7724 Raeford Rd Fayetteville, NC 28304

FOR SALE
Medical Office Space
Property ID
US53-3921807
6,738 SF 3.39 ac lot Built 2016
Entity Owned 13-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Class A office building, totaling 18,000 square feet, is situated on 2 acres in Fayetteville, NC, at 7724 Raeford Rd, zip code 28304. Built in 2016, this three-story building features a prominent location on a major thoroughfare, offering excellent visibility and accessibility. The property includes one elevator and currently has 11,540 square feet of vacant space available for lease, divisible into units as small as 1,450 square feet and up to a contiguous 5,770 square feet. The building is anchored by a dermatology practice on the third floor. The first and second floors are currently unfinished, presenting a unique opportunity for build-to-suit options. The location boasts high traffic counts and is conveniently located near US-401, less than six miles from three hospitals and clinics. Numerous retail amenities and restaurants are within walking distance, providing convenience for tenants and their employees. The property also offers highly visible building and monument signage opportunities. This is an ideal location for businesses seeking a professional and accessible office space in a thriving area of Fayetteville.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL CLINIC
Year built 2016
Total area 6,738 SF
Lot 3.39 ac (147,668 SF)
Zoning code OI
APN 9486-36-8393
UPID US53-3921807

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
  • Physician Medical Clinic
  • Physician
  • Physician
  • Physician Medical Clinic
  • Physician

Location

7724 Raeford Rd Fayetteville, NC 28304
Fayetteville metro Census 3314 FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.08M
Comparable Approach Comparable
$736k
Blend (final) Blend
$1.01M

Owner & transaction history

since 2013
1 recorded transaction
2013
$401,000

Zoning & alternative use

OI · Fayetteville, NC
Zoning description

Residential 6 (SF-6) District 30-3.D.5. Mixed Residential 5 (MR-5) District 30-3.D.6. Manufactured Home (MH) District 30-3.E. Business Base Zoning Districts 30-3.E.1. General Purposes 30-3.E.2. Office and Institutional (…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Restaurant $1.4M +24.3%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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