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5841-5851 Ramsey St 8,101 SF 100% Leased Office Building Fayetteville, NC 28311 $1,700,000 ($209.85/SF) 7.30% Cap Rate
Investment Highlights
- 30,000 AADT.
- Within close proximity to I-295.
- Well positioned strip center with good visibility.
Executive Summary
Excellent investment opportunity on one of Fayetteville’s busiest commercial corridors! Ascot Plaza is a well-positioned office strip center featuring good visibility, strong traffic counts over 30,000 AADT, and easy accessibility along Ramsey Street. With a Cap Rate of 7.3%. This property offers multiple tenant spaces, ample parking, and consistent exposure—making it ideal for investors or owner-occupants seeking long-term value. This property is surrounded by several offices, retail centers, etc. Fort Bragg gates, Methodist University, and I-295 in close proximity making it convenient for employees!
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
8,101 SF
Building Class
C
Year Built
1985
Price
$1,700,000
Price Per SF
$209.85
Cap Rate
7.30%
NOI
$124,100
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,101 SF
Building FAR
0.19
Lot Size
0.98 AC
Zoning
P2 - Professional Office
Parking
22 Spaces (2.72 Spaces per 1,000 SF Leased)
1 1
Property Taxes
| Parcel Number | 0530-76-4097-NAD | Improvements Assessment | $964,779 |
| Land Assessment | $931,989 | Total Assessment | $1,896,768 |
Property Taxes
Parcel Number
0530-76-4097-NAD
Land Assessment
$931,989
Improvements Assessment
$964,779
Total Assessment
$1,896,768
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5841-5851 Ramsey St
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