301 Robeson StFayetteville, NC 28301

Property Details for 301 Robeson St

Year built

1956

Lot size

1.78 AC

Property size (Sq ft)

11,700 SF

Zone code

CC

Property type

Retail space

APN

0437-33-3433

APU

437333433

Description

This exceptional 11,700-square-foot retail building at 301 Robeson Street in Downtown Fayetteville, North Carolina, presents a compelling investment opportunity. Built in 1956, this single-tenant property sits on a sizable 1.78-acre lot, offering 600 feet of road frontage and over 25 on-site parking spaces. The building's concrete and brick masonry construction ensures durability, while its expansive open floor plan provides flexibility for a variety of commercial uses, including retail, logistics, or redevelopment projects. Key features include two restrooms and a convenient receiving dock complete with a 9-foot roll-up door and leveler, facilitating efficient loading and unloading. The property benefits from its high visibility location, boasting an average annual daily traffic count exceeding 17,000 vehicles. Zoned CC in Cumberland County (zip code 28301), this property is ideally situated within the vibrant Downtown Fayetteville submarket, offering excellent access and exposure. The entire 11,700 square feet is currently vacant, providing a blank canvas for a new business or redevelopment venture. This prime location and substantial space make this an attractive proposition for discerning investors seeking a strong foothold in a thriving urban center.

• CAP approach

  CAP return

  Valuation

  6%

  $4,246,750

  6.5%

  $3,920,077

  7%

  $3,640,072

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,592,260

  Geo Method

  $6,767,758

• Alternative Use

  Use

  Valuation

  Residential

  $3,306,732

  Hospitality

  $3,028,948

  Educational

  $2,520,050

  Medical

  $2,606,718

  Retail

  $3,920,077

Location Insight

City

Fayetteville

County

Cumberland

State

North Carolina

Latitude

35.0508

Longitude

-78.8886

CBSA code

22180

CBSA name

FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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