4437 Murchison RdFayetteville, NC 28311

  • Office buildings
  • 1,080 SF
For Sale
$340,500 View listing

Property Details for 4437 Murchison Rd

Year built
1998
Property size (Sq ft)
1,080 SF
Zone code
CC-COMMUNITY COMMERCIAL
Property type
Office buildings
APN
0429-22-7074-001
APU
429227074001

Description

This 6.81-acre commercial land parcel, located at 4437 Murchison Rd in Fayetteville, North Carolina (Cumberland County, zip code 28311), is offered for sale at $340,500. The property boasts 147 feet of frontage along Murchison Road, providing excellent visibility. While the deeded acreage is listed as 7.71 acres, the county GIS calculates it as 6.81 acres. The land is primarily wooded and slopes gently towards the rear. Two existing buildings are situated on the property

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $302,259
    6.5%
    $279,008
    7%
    $259,079
  • Comparable approach

    Method
    Valuation
    Relative Method
    $278,058
    Geo Method
    $247,903
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $588,470
    Retail / Commercial
    $294,097
    Mixed-Use / Specialty
    $287,006
    Hospitality / Lodging
    $202,701
    Institutional / Educational
    $296,212
    Residential Income
    $346,568
    Multifamily
    $449,151
    Automotive / Energy
    $253,896
    Parking / Income-Based Land
    $93,585.80
    Restaurant / Food Service
    $136,379
    Healthcare / Senior Housing
    $300,516

Location Insight

City
Fayetteville
County
Cumberland
State
North Carolina
Latitude
35.1041
Longitude
-78.9221
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
$1,214
-
$85,338
$85,338
-
-
$85,338
$85,338

FAQs

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