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Property profile & analytics
OFF-MARKET
Estimated value
$5,020,000
Grocery and convenience stores
7860 Raeford Rd, Fayetteville, NC 28304-6018
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-5732664
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2004
Total area
14,490 SF
Lot
2.58 ac (112,385 SF)
Zoning code
LC
APN
9486-16-8548
UPID
US53-5732664
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Rite Aid Grocery & Convenience Store
-
Walgreens Pharmacy Pharmacy
-
Walgreens Pharmacy
-
FedEx OnSite Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.26M
CAP Approach
CAP
$3.22M
Comparable Approach
Comparable
$3.96M
Blend (final)
Blend
$5.02M
Owner & transaction history
The Orchards At Tucson LLC · 2 yrs held
The Orchards At Tucson LLC
since 2023
Last sale
$5.2M
7 recorded transactions
Zoning & alternative use
LC · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.0M
+59.2%
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
$6,375,000
ML approach
$6,255,000
CAP Approach
CAP Return
Estimation
6%
$3,490,000
6.5%
$3,220,000
7%
$2,990,000
Alternative Use
Use
Estimation
RESTAURANT
$3,045,000
Change: +59% · Conversion: Difficult
Blend value · Realmo final
$5.02M
Range $4.52M – $5.52M · ±10% · vs last sale $5.16M (Dec 21 2023)
Last sale anchor
$5.16M
Dec 21 2023
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
$346 / 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
$31,066
Tax year 2023
Assessed value
$2,148,843
Assessed 2023
Previous assessed
$2,148,843
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$857,114
Assessed improvement
$1,291,729
Land market value
$857,114
Improvement market value
$1,291,729
Total market value
$2,148,843
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2004
Heating
NONE
Stories
1
Bathrooms
1
Total area
14,490 SF
Lot
2.58 ac (112,385 SF)
Zoning code
LC
APN
9486-16-8548
UPID
US53-5732664
Jurisdiction
CUMBERLAND
Zoning & alternative use
LC · Fayetteville, NC
Zoning LC · permitted uses
LC · 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
RESTAURANT
Est. value
$3.0M
RESTAURANT
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
2004
Heating
NONE
Stories
1
Bathrooms
1
Lot
2.58 ac
Current owner
From public records · entity-resolved
The Orchards At Tucson LLC
Entity
Mailing address
1075 STATE RTE 34TH G STE G, ABERDEEN, NJ 07747-2169
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2023
$5,160,000
The Orchards At Tucson LLC
Covestre Capital Propco-14 LLC
Special Warranty Deed
$3,230,000 · Lakeland Bank A New Jersey Bank
Jun 21, 2021
$4,552,000
Covestre Capital Propco 14 LLC
Rrcp Co Investment Holdings I LLC
Special Warranty Deed
—
Oct 14, 2020
$3,675,000
Rrcp Co Investment Holdings I LLC
Cliffdale & Raeford LLC
Special Warranty Deed
—
Oct 14, 2020
—
Rrcp Co-investment Hldgs I LLC
—
Deed
related
$2,756,250 · Guaranty Bk
Apr 19, 2005
$4,336,500
Cliffdale & Raeford LLC
Raeford Road LLC
Grant Deed
related
$2,800,000 · Bond Street Capital Corp
May 19, 2004
—
Owner Name Unavailable
Steadman,michael H
Grant Deed
related
—
May 13, 2004
$1,072,500
Raeford Road LLC
Parker,duncan B & Sylvia N
Warranty Deed
$2,700,000 · Branch Bk&tr
—
—
Rrcp Co-investment Hldgs I LLC
—
Deed Of Trust
related
$2,756,250 · Guaranty Bk
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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