321 Dick StFayetteville, NC 28301

Property Details for 321 Dick St

Year built

2007

Lot size

1.74 AC

Property size (Sq ft)

1,394 SF

Zone code

OI

Property type

Office properties

APN

0437-62-4226

APU

437624226

Description

Heritage Commons, located at 321 Dick St in Fayetteville, NC, offers exceptional office space in a prime downtown location. This Class B property, built in 2007, comprises two two-story buildings totaling 9,918 square feet situated on 1.74 acres of land. The property is zoned OI and features multiple tenancies, with a currently available contiguous space ranging from 1,484 to 3,638 square feet (3,638 square feet currently vacant). The minimum divisible space is 1,484 square feet, providing flexibility for various business needs. Its convenient location offers easy access to major transportation arteries, including I-95 (Bus 95), Hwy 87, and the Fayetteville Regional Airport. Furthermore, its proximity to City Hall, the city center, and the Courthouse makes it an ideal location for businesses seeking a central Fayetteville presence. The property's APN is 0437-62-4226, and it is located in Cumberland County, NC, zip code 28301. This presents a unique opportunity for businesses seeking well-located, traditional office space in a thriving downtown area. The property's traditional office design provides a classic and functional workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $390,090

  6.5%

  $360,083

  7%

  $334,363

• Comparable approach

  Method

  Valuation

  Relative Method

  $358,974

  Geo Method

  $319,979

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $759,599

  Retail / Commercial

  $379,598

  Mixed-Use / Specialty

  $370,426

  Hospitality / Lodging

  $261,592

  Institutional / Educational

  $382,300

  Residential Income

  $447,291

  Multifamily

  $579,798

  Automotive / Energy

  $327,686

  Parking / Income-Based Land

  $120,804

  Restaurant / Food Service

  $175,977

  Healthcare / Senior Housing

  $387,883

Location Insight

City

Fayetteville

County

Cumberland

State

North Carolina

Latitude

35.0476

Longitude

-78.8783

CBSA code

22180

CBSA name

FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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