113 DrakeFayetteville, NC 28301

  • Warehouses
  • 2,945 SF
Off market
$2,705,030 Estimated

Property Details for 113 Drake

Year built
1945
Lot size
0.27 AC
Property size (Sq ft)
2,945 SF
Zone code
HI
Property type
Warehouses
Property subtype
Self storage facilities
APN
0437-69-6031
APU
437696031

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,738,470
    6.5%
    $1,604,740
    7%
    $1,490,120
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,213,390
    Geo Method
    $1,081,590
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $801,948
    Mixed-Use / Specialty
    $782,575
    Hospitality / Lodging
    $552,649
    Office
    $760,725
    Institutional / Educational
    $807,660
    Residential Income
    $944,962
    Multifamily
    $1,224,890
    Automotive / Energy
    $692,280
    Parking / Income-Based Land
    $255,213
    Restaurant / Food Service
    $371,778
    Healthcare / Senior Housing
    $819,451

Location Insight

City
Fayetteville
County
Cumberland
State
North Carolina
Latitude
35.0661
Longitude
-78.8776
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
2019
$1,736
$23,082
$93,953
$117,035
-
$23,082
$93,953
$117,035

FAQs

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