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Property profile & analytics
OFF-MARKET
Estimated value
$4,905,000
Retail space
8000 Raeford Rd Fayetteville, NC 28304-5925
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-0982231
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Total area
24,648 SF
Lot
4.12 ac (179,467 SF)
Zoning code
CC
APN
9486-06-5859
UPID
US53-0982231
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
-
PetVet Wellness Center Veterinary Clinic
-
Tractor Supply Co. (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.23M
CAP Approach
CAP
$4.29M
Comparable Approach
Comparable
$3.13M
Blend (final)
Blend
$4.91M
Owner & transaction history
Exchangeright Net Leased Portfolio · 2 yrs held
Exchangeright Net Leased Portfolio
since 2023
Last sale
$4.9M
7 recorded transactions
Zoning & alternative use
CC · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.2M
+78.2%
Medical building
$4.2M
+43.4%
Auto repair, garage
$4.1M
+42.0%
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
$6,030,000
ML approach
$6,230,000
CAP Approach
CAP Return
Estimation
6%
$4,645,000
6.5%
$4,285,000
7%
$3,980,000
Alternative Use
Use
Estimation
RESTAURANT
$5,180,000
Change: +78% · Conversion: Easy
MEDICAL BUILDING
$4,165,000
Change: +43% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,125,000
Change: +42% · Conversion: Difficult
OFFICE BUILDING
$3,535,000
Change: +22% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,250,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$4.91M
Range $4.41M – $5.40M · ±10% · vs last sale $4.88M (Aug 14 2023)
Last sale anchor
$4.88M
Aug 14 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
$199 / 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
$41,870
Tax year 2023
Assessed value
$2,746,174
Assessed 2023
Previous assessed
$2,746,174
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$912,483
Assessed improvement
$1,833,691
Land market value
$912,483
Improvement market value
$1,833,691
Total market value
$2,746,174
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Heating
NONE
Stories
1
Total area
24,648 SF
Lot
4.12 ac (179,467 SF)
Zoning code
CC
APN
9486-06-5859
UPID
US53-0982231
Jurisdiction
CUMBERLAND
Zoning & alternative use
CC · Fayetteville, NC
Zoning CC · permitted uses
CC · 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
$5.2M
MEDICAL BUILDING
Est. value
$4.2M
AUTO REPAIR, GARAGE
Est. value
$4.1M
OFFICE BUILDING
Est. value
$3.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.3M
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2006
Heating
NONE
Stories
1
Lot
4.12 ac
Current owner
From public records · entity-resolved
Exchangeright Net Leased Portfolio
Individual
Mailing address
1055 E COLORADO BLVDF, PASADENA, CA 91106-2327
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2023
$4,882,500
Exchangeright Net Leased Portfolio
Patriot Exchangeright 7 Pack LLC
Special Warranty Deed
$35,925,000 · Morgan Stanley Bank NA
Aug 14, 2023
$4,312,000
Patriot Exchangeright 7 Pack LLC
Paul & Carol Oelsner LLC
Special Warranty Deed
$35,925,000 · Morgan Stanley Bank NA
Aug 14, 2023
—
Excijangerigeit Net Leased Portfoli
Patriot Exchangeright 7 Pack LLC
Assignment Of Lease (leasehold Sale)
—
Jun 14, 2011
$3,244,000
Paul & Carol Oelsner LLC
Johnco LP
Warranty Deed
—
Jun 8, 2006
$3,375,000
Johnco
Tsc-fayetteville LLC
Warranty Deed
$2,700,000 · Wachovia Bk/sc
Oct 26, 2005
—
Owner Name Unavailable
Kirby,ann P
Grant Deed
related
—
Jul 29, 2005
—
Owner Name Unavailable
Kirby,ann P
Grant Deed
related
—
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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