225 Green StFayetteville, NC 28301

  • Office properties
  • 10,550 SF
For Lease
$24/SF/YR View listing

Property Details for 225 Green St

Year built
1972
Lot size
2.56 AC
Property size (Sq ft)
10,550 SF
Zone code
DT
Property type
Office properties
Property subtype
Office buildings
APN
0437-64-4914
APU
437644914

Description

This exceptional Class A office building, formerly known as the Systel Building, now the Dogwood Bank Building, offers 117,350 square feet of prime office space in downtown Fayetteville, NC. The eleven-story building, constructed in 1972, features three high-speed elevators and ample parking (one space per 1,000 square feet leased). Currently, multiple tenancy options are available, with a maximum contiguous space of 9,600 square feet. The building boasts a full-service lease, encompassing utilities and janitorial services. On-site amenities include a secure main lobby with a security desk, backup generators, a modern parking lot, a restaurant, a fitness center, and a recycling center. A dedicated local property management and maintenance team ensures seamless operations. Enjoy spectacular views of the city, including the Segra Baseball Stadium. The building's convenient downtown location places it within walking distance of numerous restaurants, retail shops, parks, and the stadium itself. The property is zoned DT2 and has an APN of 0437644914. This is a rare opportunity to secure exceptional office space in a vibrant and desirable location. Inquire today for available spaces and lease rates.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,604,942
    6.5%
    $2,404,562
    7%
    $2,232,807
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,716,753
    Geo Method
    $2,421,647
  • Alternative Use

    Use
    Valuation
    Residential
    $2,981,656
    Hospitality
    $2,731,181
    Educational
    $2,272,311
    Medical
    $2,350,459
    Retail
    $3,534,706
225 Green St, Fayetteville, North Carolina

Location Insight

City
Fayetteville
County
Cumberland
State
North Carolina
Latitude
35.055
Longitude
-78.8784
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
2023
$130,310
$270,056
$8,563,453
$8,833,509
-
$270,056
$8,563,453
$8,833,509

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