Property profile

8578 Fayetteville Rd 8630 Raeford, NC 28376

OFF-MARKET
Commercial real estate
Property ID
US53-4904679
15,700 SF 1 ac lot Built 2022
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Stonegate Village Phase 2 offers exceptional office space in Raeford's thriving commercial corridor. This new construction development boasts three buildings totaling 26,800 square feet, situated on a 3-acre lot along heavily trafficked Fayetteville Road (Highway 401), averaging 29,000 vehicles daily. The property's Highway Commercial zoning allows for diverse business uses. Building 1, at 8578-8630 Fayetteville Road, features 11 potential suites, each approximately 1,400 square feet, delivered as a cold dark shell. Flexible lease options are available for these units, with a minimum divisible space of 1,400 square feet and a maximum contiguous space of 8,400 square feet. The property offers ample parking and a diverse tenant mix, creating a vibrant and convenient business environment. The total monthly rent, including taxes, insurance, and common area maintenance (TICAM) fees, is estimated at $3,000 for the first year for a 1,400 square foot space (subject to change). The property's convenient location near Hoke Hospital further enhances its appeal. This is an excellent opportunity for businesses seeking high visibility and a presence in a rapidly growing community. The property features a single-story design and has a total of 13 suites across all three buildings. APN numbers are 494660201240, 494660201514, 494660201568, and 494660201513.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2022
Total area 15,700 SF
Lot 1 ac (43,560 SF)
APN 494660201514
UPID US53-4904679

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub

Location

8578 Fayetteville Rd, Unit 8630 Raeford, NC 28376-1940
Raeford metro Census 970106 FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.87M
Comparable Approach Comparable
$3.15M
Blend (final) Blend
$3.01M

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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