3007 Fort Bragg RdFayetteville, NC 28303

Property Details for 3007 Fort Bragg Rd

Year built

1962

Lot size

0.72 AC

Property size (Sq ft)

13,732 SF

Zone code

CC

Property type

Office properties

Property subtype

Office buildings

APN

0428-11-7188

APU

428117188

Description

This exceptional 13,732-square-foot executive office building is situated on a 0.72-acre lot in Fayetteville, North Carolina, at 3007 Fort Bragg Road. Currently operating at 90% occupancy with a mix of tenants, the property presents a compelling investment opportunity. The building, constructed of brick, boasts a Class C designation and is zoned CC (Community Commercial), offering considerable flexibility for future uses. The asking price is $650,000. Conveniently located less than ten minutes from Fort Bragg, downtown Fayetteville, and Cross Creek Mall, this property enjoys high visibility and accessibility. Its proximity to Fayetteville Technical Community College (FTCC) further enhances its appeal. The modified lease structure provides flexibility for potential buyers or lessees. The building's current configuration includes a significant portion occupied by the seller and several smaller spaces leased to individual tenants. This presents a unique opportunity to acquire a well-located, established office building with potential for immediate income generation and future development. The property's multi-tenancy structure offers diversification and stability. This is a rare opportunity to acquire a substantial office building in a thriving area of Fayetteville.

• CAP approach

  CAP return

  Valuation

  6%

  $3,390,978

  6.5%

  $3,130,134

  7%

  $2,906,553

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,535,546

  Geo Method

  $3,152,043

• Alternative Use

  Use

  Valuation

  Residential

  $3,881,366

  Hospitality

  $3,555,310

  Educational

  $2,957,977

  Medical

  $3,059,706

  Retail

  $4,601,297

Location Insight

City

Fayetteville

County

Cumberland

State

North Carolina

Latitude

35.0721

Longitude

-78.9272

CBSA code

22180

CBSA name

FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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