1708 Clinton RdFayetteville, NC 28312

  • Retail space
  • 7,176 SF
For Sale
$199,900 View listing

Property Details for 1708 Clinton Rd

Year built
1940
Lot size
0.06 AC
Property size (Sq ft)
7,176 SF
Zone code
CC
Property type
Retail space
APN
0447-60-1788
APU
447601788

Description

This exceptional 6,802-square-foot retail building presents a unique investment opportunity in Fayetteville, North Carolina. Strategically located just off Interstate I-95, this property boasts high visibility and convenient access for customers. The building sits on a 0.07-acre lot and is zoned C358, offering versatility for a range of commercial uses. Previously occupied by a furniture store, florist, and tax office, the space demonstrates its adaptability to diverse businesses. The interior layout is spacious and adaptable, allowing for customization to suit specific business needs. The building's prominent location near I-95 ensures significant exposure to a large volume of daily traffic, making it an ideal location for businesses seeking high visibility and accessibility. The asking price of $199,900 represents a compelling opportunity for investors seeking a strong return on investment in a thriving market. This property is ready for immediate occupancy and presents a rare chance to acquire a well-situated commercial space in a high-demand area. Don't miss this chance to secure a prime retail location in Fayetteville. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,604,448
    6.5%
    $2,404,106
    7%
    $2,232,384
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,657,249
    Geo Method
    $4,150,891
  • Alternative Use

    Use
    Valuation
    Residential
    $2,027,953
    Hospitality
    $1,857,594
    Educational
    $1,545,496
    Medical
    $1,598,648
    Retail
    $2,404,106

Location Insight

City
Fayetteville
County
Cumberland
State
North Carolina
Latitude
35.0435
Longitude
-78.8457
CBSA code
22180
CBSA name
FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,320
$2,094
$69,600
$71,694
-
$2,094
$69,600
$71,694

FAQs

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