552 Russell StFayetteville, NC 28301

  • Industrial properties
  • 8,917 SF
For Sale
$1,530,000 View listing

Property Details for 552 Russell St

Year built
2005
Lot size
1.43 AC
Property size (Sq ft)
8,917 SF
Zone code
CC
Property type
Industrial properties
Property subtype
Distribution centers
APN
0437-91-1877
APU
437911877

Description

This exceptional 10,873 square foot flex building in downtown Fayetteville, NC, presents a unique owner-user opportunity. The property, built in 2005, features 5,567 square feet of office space and 5,306 square feet of warehouse space, all within a two-story Class B building on a 1.81-acre lot. The warehouse boasts two drive-in doors and impressive 16-20 foot clear ceiling heights, ideal for various storage and operational needs. The office area offers a flexible layout, including private offices, reception, conference rooms, break room, and a large work area. Energy efficiency is maximized with LED lighting and smart-controlled systems for lighting and boiler pumps. Strategically located on E. Russell St, this property provides easy access to major highways, including Hwy 301/Business 95 and I-95, placing a significant portion of the city within a 15-minute commute. Its proximity to Fort Liberty (10-15 minute drive) further enhances its appeal. The asking price is $1,530,000, or $140.72 per square foot. The property is zoned CC/MR5 and includes APNs 0437910854, 0437911877, and 0437910948. This is a prime opportunity to acquire a versatile and well-located commercial property in a thriving downtown area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,520,082
    Hospitality
    $2,308,382
    Educational
    $1,920,546
    Medical
    $1,986,597
    Retail
    $2,987,516
552 Russell St, Fayetteville, North Carolina

Location Insight

City
Fayetteville
County
Cumberland
State
North Carolina
Latitude
35.0465
Longitude
-78.8691
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
2019
$10,351
$190,472
$517,934
$708,406
-
$190,472
$517,934
$708,406

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