300 Worth StFayetteville, NC 28301

Property Details for 300 Worth St

Year built

1917

Lot size

0.27 AC

Property size (Sq ft)

8,640 SF

Zone code

CC

Property type

Warehouses

Property subtype

Self storage facilities

APN

0437-53-4011

APU

437534011

Description

This exceptional 7,716 square foot commercial property, located at 300 Worth St, Fayetteville, NC 28301, presents a unique investment opportunity. Built in 1920, the building boasts a blend of executive office space and warehouse functionality, perfectly suited for a variety of businesses. The property is zoned "Opportunity," offering considerable flexibility for future development or adaptation to specific operational needs. Situated in Cumberland County, this location provides convenient access to key transportation routes and amenities. The asking price for this substantial property is $2,000,000. With its generous square footage and versatile zoning, this property is ideal for entrepreneurs seeking a prominent Fayetteville presence or investors looking for a strong return. The building's age offers character and potential for creative renovation, while its substantial size allows for diverse business configurations. This is a rare chance to acquire a well-positioned commercial property in a thriving North Carolina market. The property's combined office and warehouse space makes it suitable for businesses requiring both administrative and storage capabilities. Serious inquiries are encouraged to explore the full potential of this significant commercial offering. The property's location in Fayetteville, NC offers a blend of established infrastructure and growth potential.

• CAP approach

  CAP return

  Valuation

  6%

  $5,100,310

  6.5%

  $4,707,980

  7%

  $4,371,690

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,559,820

  Geo Method

  $3,173,160

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $2,352,740

  Mixed-Use / Specialty

  $2,295,910

  Hospitality / Lodging

  $1,621,360

  Office

  $2,231,810

  Institutional / Educational

  $2,369,500

  Residential Income

  $2,772,320

  Multifamily

  $3,593,560

  Automotive / Energy

  $2,031,000

  Parking / Income-Based Land

  $748,741

  Restaurant / Food Service

  $1,090,720

  Healthcare / Senior Housing

  $2,404,090

Location Insight

City

Fayetteville

County

Cumberland

State

North Carolina

Latitude

35.0496

Longitude

-78.8817

CBSA code

22180

CBSA name

FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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