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Property profile & analytics
FOR SALE
Distribution centers

800 Technology Dr Fayetteville, NC 28306

259,960 SF 31 ac lot Built 1991
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US53-1633646
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1991
Total area 259,960 SF
Lot 31 ac (1,350,360 SF)
Zoning code MP
APN 0433-15-2623
UPID US53-1633646
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$8.21M
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.98M
Blend (final) Blend
$9.16M
Owner & transaction history
Technology Drive LLC · 4 yrs held
Technology Drive LLC
since 2021
Last sale
$11.0M
7 recorded transactions
2021
$11.0M
2016
Price N/A
2015
Price N/A
2015
$4.3M
2007
Price N/A
2004
Price N/A
1969
Price N/A
Zoning & alternative use
MP · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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