230 Donaldson StFayetteville, NC 28301

Property Details for 230 Donaldson St

Year built

1961

Lot size

0.44 AC

Property size (Sq ft)

5,816 SF

Zone code

DT

Property type

Office properties

Property subtype

Office buildings

APN

0437-53-6647

APU

437536647

Description

This stunning, renovated five-story Class A office building, located at 230 Donaldson Street in the heart of Downtown Fayetteville, Cumberland County, offers exceptional executive office space. The 24,000 square foot building features four available suites, ranging from a minimum of 440 square feet to a maximum contiguous space of 2,822 square feet. Each suite boasts modern amenities including new ceilings, floors, lighting, and windows, ensuring a comfortable and productive work environment. High-speed internet access via fiber optics and Wi-Fi is provided, along with a backup generator for uninterrupted power. The building's updated HVAC systems maintain a consistently comfortable temperature. Convenient on-site parking is available, allocated based on leased square footage. The building's DT zoning and prime location in the Downtown Fayetteville submarket offer excellent visibility and accessibility. The property sits on a 0.44-acre lot and was originally constructed in 1961. Leasing is available on a modified gross lease basis at $16 per square foot. This is an exceptional opportunity for businesses seeking a prestigious and well-equipped office space in a vibrant downtown setting. Multiple tenancy options are available.

• CAP approach

  CAP return

  Valuation

  6%

  $1,436,056

  6.5%

  $1,325,591

  7%

  $1,230,906

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,497,682

  Geo Method

  $1,335,005

• Alternative Use

  Use

  Valuation

  Residential

  $1,643,732

  Hospitality

  $1,505,650

  Educational

  $1,252,683

  Medical

  $1,295,765

  Retail

  $1,948,618

Location Insight

City

Fayetteville

County

Cumberland

State

North Carolina

Latitude

35.0515

Longitude

-78.8809

CBSA code

22180

CBSA name

FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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