120 Westlake RdFayetteville, NC 28314

Property Details for 120 Westlake Rd

Year built

1994

Lot size

1.44 AC

Property size (Sq ft)

840 SF

Zone code

OI

Property type

Office properties

APN

0408-62-6217

APU

408626217

Description

This 1,100-square-foot office suite at 120 Westlake Road, Suite 4, Fayetteville, NC 28314, offers a highly functional and efficient layout. The space boasts four private offices, perfect for team collaboration or individual workspaces, ensuring privacy and productivity. A well-appointed kitchenette provides a convenient area for breaks and meals, enhancing employee comfort. The suite includes one bathroom. The modern and professional interior design is move-in ready, eliminating the need for extensive renovations. This exceptional location in a well-established Fayetteville business district offers easy access to major thoroughfares, ample parking, and proximity to a variety of dining, shopping, and service options, making it convenient for both employees and clients. The strong commercial activity in the surrounding area contributes to a vibrant and thriving business environment. Public transportation is also easily accessible. This property is ideal for businesses seeking a comfortable, efficient, and conveniently located office space. The property features 1,100 square feet of space, four private offices, a kitchenette, and one bathroom.

• CAP approach

  CAP return

  Valuation

  6%

  $210,722

  6.5%

  $194,513

  7%

  $180,619

• Comparable approach

  Method

  Valuation

  Relative Method

  $210,173

  Geo Method

  $192,814

• Alternative Use

  Use

  Valuation

  Residential

  $241,196

  Hospitality

  $220,934

  Educational

  $183,814

  Medical

  $190,136

  Retail

  $285,934

Location Insight

City

Fayetteville

County

Cumberland

State

North Carolina

Latitude

35.0751

Longitude

-78.9779

CBSA code

22180

CBSA name

FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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