For Sale
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Property summary
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
VerifiedCap rate & NOI
Current use
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Physician Medical Clinic
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Physician
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Physician
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Physician Medical Clinic
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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 (…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Fayetteville market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
OI · Fayetteville, NCResidential 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 (…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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 (…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OI in Fayetteville, NC.
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