4155 Ferncreek DrFayetteville, NC 28314

Property Details for 4155 Ferncreek Dr

Year built

1999

Lot size

1.03 AC

Property size (Sq ft)

2,880 SF

Zone code

LC

Property type

Office properties

Property subtype

Other office properties

APN

0417-71-2760

APU

417712760

Description

Ferncreek Office Plaza presents a compelling investment opportunity in Cumberland County. This two-story, Class B office building, totaling 16,800 square feet, offers flexible space options ideal for various businesses. Built in 1999 and renovated in 2010, the property boasts 12-foot ceilings and ample natural light. Currently, 9,650 square feet of space is available, divisible into units as small as 8,400 square feet, with a maximum contiguous space of 9,650 square feet. The building features a total of 75 parking spaces, ensuring convenient access for tenants and their clients. Located at the entrance to Buckhead, this property benefits from high visibility and easy accessibility. The zoning is commercial, making it suitable for a wide range of office uses, including traditional office, executive office, and medical office spaces. The building's multiple suites provide a variety of configurations to accommodate diverse business needs. This is a rare opportunity to acquire a well-maintained, strategically located office building with significant potential for growth and return on investment. The property's modern amenities and prime location make it an attractive option for businesses seeking a professional and convenient workspace. Don't miss this chance to secure your ideal office space in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $711,193

  6.5%

  $656,486

  7%

  $609,594

• Comparable approach

  Method

  Valuation

  Relative Method

  $741,496

  Geo Method

  $661,075

• Alternative Use

  Use

  Valuation

  Residential

  $814,043

  Hospitality

  $745,659

  Educational

  $620,380

  Medical

  $641,715

  Retail

  $965,035

Location Insight

City

Fayetteville

County

Cumberland

State

North Carolina

Latitude

35.0461

Longitude

-78.9423

CBSA code

22180

CBSA name

FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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