800 Technology Dr Fayetteville, NC 28306
- Distribution centers
- 259,960 SF
- 31.00 lot acres
Current Use by Public Records
- Distribution centers
Property Details for 800 Technology Dr
- Year built
- 1991
- Lot size
- 31.00 lot acres
- Property size
- 259,960 SF
- Zone code
- MP
- Property type
- Distribution centers
- APN
- 0433-15-2623
- APU
- 433152623
Description
This expansive 259,960-square-foot warehouse, located at 800 Technology Drive in Fayetteville, North Carolina, presents a significant opportunity for businesses seeking substantial industrial space. The single-tenant property boasts a 24-foot clear ceiling height, providing ample vertical storage capacity. Built in 1992 and renovated in 2015, the building offers approximately 10,360 square feet of office space, ensuring a comfortable and functional workspace. The property sits on a generous 31-acre lot, allowing for significant future expansion potential. Plans exist to expand the building by an additional 249,600 square feet, resulting in a total building size of 509,560 square feet. The property includes 207 parking spaces, accommodating employees and visitors. Power is supplied by a robust 2,000 Amp (277/480) system. The zoning designation is M(P), and the property is located in Cumberland County, North Carolina, with a zip code of 28306. This exceptional warehouse offers a rare combination of size, functionality, and expansion potential, making it an attractive investment for a variety of industrial operations. The property is currently 100% vacant.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $8,770,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $9,955,000
- 6.5%
- $11,395,000
- 7%
- $11,040,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $11,710,000
- Geo Method
- $10,615,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $10,685,000
- Retail
- $12,145,000
- Mixed-Use
- $11,770,000
- Hospitality
- $11,635,000
- Educational
- $11,985,000
- Residential Income
- $9,655,000
- Energy
- $9,770,000
- Income-Based Land
- $11,420,000
- Food Service
- $10,135,000
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Cumberland
- State
- North Carolina
- Longitude
- -78.8958
- Latitude
- 34.9469
- CBSA code
- 22180
- CBSA name
- FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA